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

Mistras

02/08/2023 22:03

* Mistras Group Inc  MG.N  reported quarterly adjusted
earnings of
5 cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for earnings
of 21 cents per share.
    * Revenue fell 1.7% to $176.03 million from a year ago;
analysts
expected $189.54 million. 
    * Mistras Group Inc's reported EPS for the quarter was 1
cent​.
    * The mean earnings estimate of analysts had risen by
about 5.1%
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 0.9% this
quarter and
gained 58.0% so far this year.
    * The company reported break even results for the quarter.
    * Wall Street's median 12-month price target for Mistras
Group Inc
is $10.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 09:03 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.21           0.05           Missed
 Mar. 31 2023      -0.07          -0.12          Missed
 Dec. 31 2022      0.08           0.09           Beat
 Sep. 30 2022      0.23           0.16           Missed