Mistras Group Inc expected to post earnings of 21  cents a share - Earnings Preview

Mistras

29/07/2022 15:16

* Mistras Group Inc  MG.N   MG  is expected to show a rise
in
quarterly revenue when it reports  results on August 1
(estimated). 
    * The Princeton Junction New Jersey-based  company is
expected to
report  a 3.1% increase in revenue to $183.159 million from
$177.68 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
earnings of 21 cents per share. For the same quarter last year,
the company reported earnings of 22 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 $12​, above​ its last closing price of $6.18. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  -0.09       -0.10      -0.20     Missed  -100
 Dec. 31 2022  0.09        0.08       0.04      Missed  -52
 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.        -0.12       -0.13      -0.14     Missed  -9.8
 31 2021                                                
 Dec. 31 2020  -0.05       -0.02      0.05      Beat    377.8​
 Sep. 30 2020  0.00        0.01       0.06      Beat    380
 Jun. 30 2020  -0.24       -0.24      -0.06     Beat    74.6
 This summary was machine generated July 29 at 14:16 GMT.  All
figures in US dollars  unless otherwise stated