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Mistras Group Inc reports results for the quarter ended March 31 - Earnings Summary

Mistras Group Inc MG.N reported a quarterly adjusted loss of 1 cent​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 7 cents.  The mean expectation of three analysts for the quarter was for earnings of 13 cents per share. Wall Street expected results to range from 9 cents to 16 cents per share.

Revenue fell 12.4% to $161.62 million from a year ago; analysts expected $180.52 million.

Mistras Group Inc's reported EPS for the quarter was a loss of 10 cents​.

The company reported a quarterly loss of $3.19 million.

Mistras Group Inc shares had fallen by 9.4% this quarter and gained 5.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 2.4% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the integrated oil & gas peer group is  "buy."

Wall Street's median 12-month price target for Mistras Group Inc is $15.00

This summary was machine generated from LSEG data May 7 at 11:16 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20250.13-0.01Missed
Dec. 31 20240.130.24Beat
Sep. 30 20240.270.20Missed
Jun. 30 20240.170.21Beat

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