MTY Food Group Inc expected to post earnings of 86 cents a share - Earnings Preview

MTY Food

06/10/2021 13:33

* MTY Food Group Inc  MTY.TO   MTY.TO  is expected to show a
rise in quarterly revenue when it reports results on October 8. 
* The Saint-laurent, Quebec-based company is expected to report 
a 9.4% increase in revenue to C$148.1 million from C$135.37
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for MTY Food Group Inc is
for earnings of 86 cents per share. For the same quarter last
year, the company reported earnings of 98 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 4 "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$67​, about 2% above​ its last closing price
of C$65.66. ​​​
* Previous quarterly performance (using preferred earnings
measure in Canadian dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 30 2020  0.74        0.74       0.96      Beat    29.3​
 Aug. 31 2020  0.26        0.23       0.98      Beat    320
 May.          -0.19​      -0.29      0.91      Beat    413.8​
 31​ 2020​                                              
 Feb. 29 2020  0.81        0.81       0.77      Missed  -4.9​
 Nov. 30 2019              0.83       0.83      Missed  -0.4
 Aug. 31 2019  1.02        1.02       0.69      Missed  -10.8
 This summary was machine generated October 6 at 12:33 GMT.  All
figures in Canadian dollars unless otherwise stated