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

Mirion Technologies

01/05/2024 24:34

* Mirion Technologies Inc  MIR.N  reported quarterly
adjusted
earnings of 6 cents​​ per share for the quarter ended in March,
identical to the same quarter last year.  The mean expectation
of three analysts for the quarter was for earnings of 6 cents
per share. Wall Street expected results to range from 6 cents
to 7 cents per share.
    * Revenue rose 5.8% to $192.60 million from a year ago;
analysts
expected $191.36 million. 
    * The company reported a quarterly loss of $25.8 million.
    * Mirion Technologies Inc shares had fallen by 3.1% this
quarter and gained 7.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.6%
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 April 30 at
11:33 p.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
 Mar. 31 2024      0.06           0.06           Met
 Dec. 31 2023      0.14           0.15           Beat
 Sep. 30 2023      0.05           0.05           Met
 Jun. 30 2023      0.06           0.08           Beat