Mistras Group Inc expected to post earnings of 27 cents a share - Earnings Preview

Mistras

29/10/2024 03:24

* Mistras Group Inc  MG.N   MG  is expected to show a rise
in
quarterly revenue when it reports  results on October 30 for the
period ending September 30 2024
    * The Princeton Junction New Jersey-based  company is
expected to
report a 3.7% increase in revenue to $185.943 million from
$179.35 million a year ago, according to the mean estimate from
3 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Mistras Group Inc is for
earnings of 27 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "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 $15.00​, above​ its last closing price of $11.11. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024              0.17       0.21      Beat    21.2
 Mar. 31 2024  0.02        0.06       0.07      Beat    16.7
 Dec. 31 2023  0.14        0.15       0.10      Missed  -31.8​
 Sep. 30 2023  0.16        0.16       0.18      Beat    12.5
 ​​Jun.        0.20        0.21       0.05      Missed  -75.6
 30 2023                                                
 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
 This summary was machine generated October 29 at 03:23 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)