MTY Food Group Inc expected to post earnings of 62  cents a share - Earnings Preview

MTY Food

06/04/2022 13:36

* MTY Food Group Inc  MTY.TO   is expected to show a rise in
quarterly revenue when it reports  results on April 8. 
    * The Saint-laurent Quebec-based  company is expected to
report  a
9.1% increase in revenue to C$129.8 million from C$118.96
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for MTY Food Group Inc
is for
earnings of 62 cents per share. For the same quarter last year,
the company reported earnings of 55 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and no "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 MTY Food
Group
Inc is C$68​, above​ its last closing price of C$55.00. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in Canadian dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Nov. 30 2021              0.97       1.04      Beat    6.9
 Aug. 31 2021  0.92        0.90       1.00      Beat    11.7
 May. 31 2021  0.44        0.43       1.11      Beat    158.1​
 Feb. 28 2021  0.51        0.51       0.55      Beat    7.8
 ​​Nov.        0.74        0.74       0.96      Beat    29.3
 30 2020                                                
 Aug. 31 2020  0.26        0.23       0.98      Beat    320​
 May. 31 2020  -0.19       -0.29      0.91      Beat    413.8
 Feb. 29 2020  0.81        0.81       0.77      Missed  -4.9
 This summary was machine generated April 6 at 12:36 GMT.  All
figures in Canadian dollars  unless otherwise stated