MTY Food Group Inc expected to post earnings of C$1.08 a share - Earnings Preview

MTY Food

03/10/2023 13:39

* MTY Food Group Inc  MTY.TO   is expected to show a rise in
quarterly revenue when it reports  results on October 5
(estimated). 
    * The Saint-laurent Quebec-based  company is expected to
report  a
62.1% increase in revenue to C$278 million from C$171.54 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 C$1.08 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$70​, above​ its last closing price of C$57.04. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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              0.88                         ​
 Aug. 31 2022  1.07        1.09       0.94      Missed  -13.5
 ​​May.        0.99        0.96       1.17      Beat    21.5
 31 2022                                                
 Feb. 28 2022  0.58        0.62       0.68      Beat    9.7​
 Nov. 30 2021              0.97       1.04      Beat    6.9
 Aug. 31 2021  0.92        0.90       1.00      Beat    11.7
 This summary was machine generated October 3 at 12:39 GMT.  All
figures in Canadian dollars  unless otherwise stated