MTY Food Group Inc expected to post earnings of 95  cents a share - Earnings Preview

MTY Food

07/07/2023 13:34

* MTY Food Group Inc  MTY.TO   is expected to show a rise in
quarterly revenue when it reports  results on July 11. 
    * The Saint-laurent Quebec-based  company is expected to
report  a
71.0% increase in revenue to C$277.9 million from C$162.52
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for MTY Food Group Inc
is for
earnings of 95 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"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$69​, above​ its last closing price of C$60.84. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Feb. 28 2023  0.76        0.78       0.76      Missed  -3
 Nov. 30 2023              0.88                         
 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.        0.58        0.62       0.68      Beat    9.7
 28 2022                                                
 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
 This summary was machine generated July 7 at 12:34 GMT.  All
figures in Canadian dollars  unless otherwise stated