Mistras Group Inc expected to post earnings of 4 cents a share - Earnings Preview

Mistras

29/04/2024 12:28

* Mistras Group Inc  MG.N   MG  is expected to show a rise
in
quarterly revenue when it reports  results on May 1 for the
period ending March 31 2024
    * The Princeton Junction New Jersey-based  company is
expected to
report a 4.1% increase in revenue to $174.931 million from
$168.02 million a year ago, according to the mean estimate from
4 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Mistras Group Inc is for
earnings of 4 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 $13.00​, above​ its last closing price of $8.95. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 30 2023  0.20        0.21       0.05      Missed  -75.6​
 Jan. 1 0001   -0.05       -0.07      -0.12     Missed  -71.4
 ​​Dec.                    0.08       0.09      Beat    12.5
 31 2022                                                
 Sep. 30 2022  0.22        0.23       0.16      Missed  -28.9​
 Jan. 1 0001   0.21        0.21       0.15      Missed  -28.6
 Mar. 31 2022  -0.09       -0.10      -0.20     Missed  -100
 This summary was machine generated April 29 at 11:28 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)