Metro Inc reports results for the quarter ended in September - Earnings Summary

Metro

16/11/2022 14:32

* Metro Inc  MRU.TO  reported quarterly adjusted earnings of
92
cents​​ per share for the quarter ended in September. The mean
expectation of eight analysts for the quarter was for earnings
of 90 cents per share.
    * Revenue rose 8.3% to C$4.43 billion from a year ago;
analysts
expected C$4.29 billion. 
    * Metro Inc's reported EPS for the quarter was 70 cents​.
    * The mean earnings estimate of analysts had risen by
about 1.1%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Metro Inc shares had risen by 4.5% this quarter and
gained 7.3%
so far this year.
    * The company reported quarterly net income of C$168.7
million.
    * Wall Street's median 12-month price target for Metro Inc
is
C$75.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 9
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
16 at 02:31 p.m.  ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.90           0.92           Beat
 Jun. 30 2022      1.19           1.18           Missed
 Mar. 31 2022      0.84           0.82           Missed
 Dec. 31 2021      0.87           0.88           Beat