Mistras Group Inc expected to post earnings of 16  cents a share - Earnings Preview

Mistras

01/11/2023 02:10

* Mistras Group Inc  MG.N   MG  is expected to show a rise
in
quarterly revenue when it reports  results on November 2. 
    * The Princeton Junction New Jersey-based  company is
expected to
report  a 2.4% increase in revenue to $182.733 million from
$178.46 million a year ago, according to the mean estimate from
4 analysts, based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Mistras Group Inc
is for
earnings of 16 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "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 $10.5​, above​ its last closing price of $5.47. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.20        0.21       0.05      Missed  -75.6
 Mar. 31 2023  -0.05       -0.07      -0.12     Missed  -71.4
 Dec. 31 2022              0.08       0.09      Beat    12.5​
 Sep. 30 2022  0.22        0.23       0.16      Missed  -28.9
 ​​Jun.        0.21        0.21       0.15      Missed  -28.6
 30 2022                                                
 Mar. 31 2022  -0.09       -0.10      -0.20     Missed  -100​
 Dec. 31 2021  0.09        0.08       0.04      Missed  -52
 Sep. 30 2021  0.20        0.17       0.12      Missed  -30.8
 This summary was machine generated November 1 at 02:09 GMT.  All
figures in US dollars  unless otherwise stated