Mistras Group Inc expected to post a loss of 5 cents a share - Earnings Preview

Mistras

02/05/2023 02:52

* Mistras Group Inc  MG.N   MG  is expected to show a rise
in
quarterly revenue when it reports  results on May 3. 
    * The Princeton Junction New Jersey-based  company is
expected to
report  a 5.6% increase in revenue to $170.774 million from
$161.66 million a year ago, according to the mean estimate from
3 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Mistras Group Inc
is for
a loss of 5 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 3 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Mistras
Group Inc
is $10​, above​ its last closing price of $8.02. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022              0.08       0.09      Beat    12.5
 Sep. 30 2022  0.22        0.23       0.16      Missed  -28.9
 Jun. 30 2022  0.21        0.21       0.15      Missed  -28.6​
 Mar. 31 2022  -0.09       -0.10      -0.20     Missed  -100
 ​​Dec.        0.09        0.08       0.04      Missed  -52
 31 2021                                                
 Sep. 30 2021  0.20        0.17       0.12      Missed  -30.8​
 Jun. 30 2021  0.12        0.12       0.22      Beat    79.6
 Mar. 31 2021  -0.12       -0.13      -0.14     Missed  -9.8
 This summary was machine generated May 2 at 01:52 GMT.  All
figures in US dollars  unless otherwise stated