MTY Food Group Inc expected to post earnings of 96  cents a share - Earnings Preview

MTY Food

06/07/2022 13:35

* MTY Food Group Inc  MTY.TO   is expected to show a rise in
quarterly revenue when it reports  results on July 8. 
    * The Saint-laurent Quebec-based  company is expected to
report  a
10.6% increase in revenue to C$150.3 million from C$135.86
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 96 cents per share. For the same quarter last year,
the company reported earnings of C$1.11 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$52.19. ​​​
    * 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 2022  0.58        0.62       0.68      Beat    9.7
 Nov. 30 2022              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.        0.51        0.51       0.55      Beat    7.8
 28 2021                                                
 Nov. 30 2020  0.74        0.74       0.96      Beat    29.3​
 Aug. 31 2020  0.26        0.23       0.98      Beat    320
 May. 31 2020  -0.19       -0.29      0.91      Beat    413.8
 This summary was machine generated July 6 at 12:35 GMT.  All
figures in Canadian dollars  unless otherwise stated