Mistras Group Inc reports results for the quarter ended in June - Earnings Summary

Mistras

02/08/2021 21:47

* Mistras Group Inc  MG.N  reported quarterly adjusted earnings
of 22 cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
12 cents per share.
* Revenue rose 42.8% to $177.68 million from a year ago; 
analysts expected $165.14 million. 
* Mistras Group Inc's reported EPS for the quarter was 20
cents​.
* The mean earnings estimate of analysts had risen by
about 32.4% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Mistras Group Inc shares had risen by 6.8% this quarter and
gained 35.3% so far this year.
* The company reported quarterly net income of $5.94 million.
* Wall Street's median 12-month price target for Mistras Group
Inc is $15.00 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 
This summary was machine generated August 2 at 08:47 p.m.  ​All
figures in US dollars unless otherwise stated