MTY Food Group Inc expected to post earnings of 83 cents a share - Earnings Preview

MTY Food

08/04/2024 13:33

* MTY Food Group Inc  MTY.TO   is expected to show a fall in
quarterly revenue when it reports  results on April 10
(estimated) for the period ending February 29 2024
    * The Saint-laurent Quebec-based  company is expected to
report a
4.7% decrease in revenue to C$272.6 million from C$286 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data. (Sales/Revenue Majority Basis is on Total Revenue)
    * ​LSEG's mean analyst estimate for MTY Food Group Inc is
for
earnings of 83 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 3.9%
in the last three months. ​
    * Wall Street's median 12-month price target for MTY Food
Group
Inc is C$60.00​, above​ its last closing price of C$48.78. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Nov. 30 2023  0.89        0.94       0.67      Missed  -28.9
 Aug. 31 2023  1.10        1.11       1.59      Beat    43.6
 May. 31 2023  0.95        0.95       1.24      Beat    30.9​
 Feb. 28 2023  0.76        0.78       0.76      Missed  -3
 ​​Nov.        0.99        0.88       0.30      Missed  -65.9
 30 2022                                                
 Aug. 31 2022  1.07        1.09       0.94      Missed  -13.5​
 May. 31 2022  0.99        0.96       1.17      Beat    21.5
 Feb. 28 2022  0.58        0.62       0.68      Beat    9.7
 This summary was machine generated April 8 at 12:32 GMT.  All
figures in Canadian 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)