MTY Food Group Inc expected to post earnings of C$1.09 a share - Earnings Preview

MTY Food

05/10/2022 13:40

* MTY Food Group Inc  MTY.TO   is expected to show a rise in
quarterly revenue when it reports  results on October 7. 
    * The Saint-laurent Quebec-based  company is expected to
report  a
6.5% increase in revenue to C$160.65 million from C$150.8
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for MTY Food Group Inc
is for
earnings of C$1.09 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$68.5​, above​ its last closing price of C$58.62. ​​​

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 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​
 Aug. 31 2021  0.92        0.90       1.00      Beat    11.7
 ​​May.        0.44        0.43       1.11      Beat    158.1
 31 2021                                                
 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
 This summary was machine generated October 5 at 12:40 GMT.  All
figures in Canadian dollars  unless otherwise stated