MTY Food Group Inc expected to post earnings of 94 cents a share - Earnings Preview

MTY Food

13/02/2024 13:45

* MTY Food Group Inc  MTY.TO   is expected to show a rise in
quarterly revenue when it reports  results on February 15 for
the period ending November 30 2023
    * The Saint-laurent Quebec-based  company is expected to
report a
12.5% increase in revenue to C$272.175 million from C$241.97
million a year ago, according to the mean estimate from 4
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 94 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$66.00​, above​ its last closing price of C$59.65. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 30 2022  0.99        0.88       0.30      Missed  -65.9
 ​​Aug.        1.07        1.09       0.94      Missed  -13.5
 31 2022                                                
 May. 31 2022  0.99        0.96       1.17      Beat    21.5​
 Feb. 28 2022  0.58        0.62       0.68      Beat    9.7
 Nov. 30 2021              0.97       1.04      Beat    6.9
 This summary was machine generated February 13 at 13:45 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)