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

Mistras

28/07/2023 13:50

* 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 5.9% increase in revenue to $189.539 million from
$179.03 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. 
    * 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 $7.47. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.05       -0.07      -0.12     Missed  -71.4
 Dec. 31 2023              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.        -0.09       -0.10      -0.20     Missed  -100
 31 2022                                                
 Dec. 31 2021  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
 This summary was machine generated July 28 at 12:50 GMT.  All
figures in US dollars  unless otherwise stated