Mistras Group Inc expected to post earnings of 14 cents a share - Earnings Preview

Mistras

29/07/2024 23:07

* Mistras Group Inc  MG.N   MG  is expected to show a rise
in
quarterly revenue when it reports  results on July 31 for the
period ending June 30 2024
    * The Princeton Junction New Jersey-based  company is
expected to
report a 5.6% increase in revenue to $185.805 million from
$176.03 million a year ago, according to the mean estimate from
2 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Mistras Group Inc is for
earnings of 14 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 $13.00​, above​ its last closing price of $10.00. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.02        0.04       0.07      Beat    90.9
 Dec. 31 2024  0.14        0.15       0.10      Missed  -31.8
 Sep. 30 2023  0.16        0.16       0.18      Beat    12.5​
 Jun. 30 2023  0.20        0.21       0.05      Missed  -75.6
 ​​Mar.        -0.05       -0.07      -0.12     Missed  -71.4
 31 2023                                                
 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
 This summary was machine generated July 29 at 22:07 GMT.  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)