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

MTY Food

08/04/2022 13:16

* MTY Food Group Inc  MTY.TO  reported quarterly adjusted
earnings
of 68 cents​​ per share for the quarter ended in February. The
mean expectation of three analysts for the quarter was
for earnings of 62 cents per share.
    * Revenue rose 18.1% to C$140.49 million from a year ago; 
analysts expected C$129.80 million. 
    * MTY Food Group Inc's reported EPS for the quarter was 68
cents​.
    * The mean earnings estimate of analysts had fallen by
about 22.5%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * MTY Food Group Inc shares had fallen by 0.1% this
quarter and
lost 14.0% so far this year.
    * The company reported quarterly net income of C$16.64
million.
    * Wall Street's median 12-month price target for MTY Food
Group
Inc is C$68.00 
    * 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 April 8 at 12:16 p.m.  ​All
figures in Canadian dollars unless otherwise stated