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

Mistras

03/05/2023 22:02

* Mistras Group Inc  MG.N  reported a quarterly adjusted
loss
of 12 cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for a loss
of 5 cents per share.
    * Revenue rose 3.9% to $168.02 million from a year ago;
analysts
expected $170.77 million. 
    * Mistras Group Inc's reported EPS for the quarter was a
loss
of 17 cents​.
    * The mean earnings estimate of analysts had fallen by
about 66.7%
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 18.4% this
quarter and
gained 62.9% so far this year.
    * The company reported a quarterly loss of $4.99 million.
    * 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 May
3 at 09:02 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.05          -0.12          Missed
 Dec. 31 2022      0.08           0.09           Beat
 Sep. 30 2022      0.23           0.16           Missed
 Jun. 30 2022      0.21           0.15           Missed