Mirion Technologies Inc reports results for the quarter ended in June - Earnings Summary

Mirion Technologies

02/08/2024 02:58

* Mirion Technologies Inc  MIR.N  reported quarterly
adjusted
earnings of 10 cents​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of 8 cents.  The mean expectation of three analysts
for the quarter was for earnings of 8 cents per share. Wall
Street expected results to range from 7 cents to 8 cents per
share.
    * Revenue rose 5% to $207.10 million from a year ago;
analysts
expected $210.77 million. 
    * Mirion Technologies Inc's reported EPS for the quarter was
a
loss of 6 cents​.
    * The company reported a quarterly loss of $11.7 million.
    * Mirion Technologies Inc shares had fallen by 1.9% this
quarter and gained 2.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the industrial
machinery & equipment peer group is also "buy"

Wall Street's median 12-month price target for Mirion
Technologies Inc is $12.00 
This summary was machine generated from LSEG data August 2 at
01:58 a.m. UTC. ​All figures in US 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 ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.08           0.10           Beat
 Mar. 31 2024      0.06           0.06           Met
 Dec. 31 2023      0.14           0.15           Beat
 Sep. 30 2023      0.05           0.05           Met