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Metro Inc reports results for the quarter ended June 30 - Earnings Summary

Metro Inc MRU.TO reported quarterly adjusted earnings of C$1.52​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of C$1.35.  The mean expectation of eight analysts for the quarter was for earnings of C$1.53 per share. Wall Street expected results to range from C$1.52  to C$1.55 per share.

Revenue rose 3.3% to C$6.87 billion from a year ago; analysts expected C$6.92 billion.

Metro Inc's reported EPS for the quarter was C$1.48​.

The company reported quarterly net income of C$322.8 million.

Metro Inc shares had fallen by 0.9% this quarter and gained 17.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts was unchanged in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell." The average consensus recommendation for the food retail & distribution peer group is  "buy."

Wall Street's median 12-month price target for Metro Inc is C$108.50, about 2.3% above its last closing price of C$106.03

This summary was machine generated from LSEG data August 13 at 01:31 p.m. UTC. ​All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20251.531.52Missed
Mar. 31 20251.021.02Met
Dec. 31 20241.091.10Beat
Sep. 30 20240.991.02Beat

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