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

MTY Food

08/07/2022 14:31

* MTY Food Group Inc  MTY.TO  reported quarterly adjusted
earnings
of C$1.17​​ per share for the quarter ended in May. The mean
expectation of three analysts for the quarter was for earnings
of 96 cents per share.
    * Revenue rose 19.6% to C$162.52 million from a year ago; 
analysts expected C$150.30 million. 
    * MTY Food Group Inc's reported EPS for the quarter was
C$1.17​.
    * The mean earnings estimate of analysts had risen by
about 2.5%
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 7.7% this
quarter and
lost 12.8% so far this year.
    * The company reported quarterly net income of C$28.62
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 July 8 at 01:31 p.m.  ​All
figures in Canadian dollars unless otherwise stated