Mistras Group Inc expected to post earnings of 8  cents a share - Earnings Preview

Mistras

08/03/2022 03:02

* Mistras Group Inc  MG.N   MG  is expected to show a rise
in
quarterly revenue when it reports  results on March 9. 
    * The Princeton Junction New Jersey-based  company is
expected to
report  a 0.6% increase in revenue to $161.663 million from
$160.78 million a year ago, according to the mean estimate from
5 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Mistras Group Inc
is for
earnings of 8 cents per share. For the same quarter last year,
the company reported earnings of 5 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and 1 "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 $14​, about 55.1% above​ its last closing price of $6.28. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  -0.12       -0.13      -0.14     Missed  -9.8​
 Dec. 31 2020  -0.05       -0.02      0.05      Beat    377.8
 ​​Sep.        0.00        0.01       0.06      Beat    380
 30 2020                                                
 Jun. 30 2020  -0.24       -0.24      -0.06     Beat    74.6​
 Mar. 31 2020  -0.21       -0.19      -0.24     Missed  -23.1
 Dec. 31 2019  0.02        0.04       -0.03     Missed  -185.7
 This summary was machine generated March 8 at 03:02 GMT.  All
figures in US dollars  unless otherwise stated