MTY Food Group Inc reports results for the quarter ended in August - Earnings Summary

MTY Food

07/10/2022 14:32

* MTY Food Group Inc  MTY.TO  reported quarterly adjusted
earnings
of 94 cents​​ per share for the quarter ended in August. The
mean expectation of three analysts for the quarter was
for earnings of C$1.09 per share.
    * Revenue rose 13.8% to C$171.54 million from a year ago;
analysts
expected C$162.10 million. 
    * MTY Food Group Inc's reported EPS for the quarter was 92
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.7%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * MTY Food Group Inc shares had risen by 1.9% this
quarter and
lost 8.2% so far this year.
    * The company reported quarterly net income of C$22.44
million.
    * Wall Street's median 12-month price target for MTY Food
Group
Inc is C$68.50 
    * 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." 

This summary was machine generated from Refinitiv data October 7
at 01:31 p.m.  ​All figures in Canadian dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Aug. 31 2022      1.09           0.94           Missed
 May. 31 2022      0.96           1.17           Beat
 Feb. 28 2022      0.62           0.68           Beat
 Nov. 30 2021      0.97           1.04           Beat