Mullen Group Ltd expected to post earnings of 24  cents a share - Earnings Preview

Mullen

19/07/2022 15:10

* Mullen Group Ltd  MTL.TO   is expected to show a rise in
quarterly revenue when it reports  results on July 21. 
    * The Okotoks Alberta-based  company is expected to report 
a
45.7% increase in revenue to C$455.134 million from C$312.46
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Mullen Group Ltd is
for
earnings of 24 cents per share. For the same quarter last year,
the company reported earnings of 23 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"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 Mullen
Group Ltd
is C$16​, above​ its last closing price of C$11.42. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in Canadian dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.17        0.17       0.17      Met     -1.7
 Dec. 31 2022  0.16        0.18       0.21      Beat    19.5
 Sep. 30 2021  0.22        0.23       0.18      Missed  -20.3​
 Jun. 30 2021  0.17        0.16       0.23      Beat    45
 ​​Mar.        0.10        0.09       0.13      Beat    40
 31 2021                                                
 Dec. 31 2020  0.15        0.15       0.10      Missed  -33.3​
 Sep. 30 2020  0.15        0.15       0.26      Beat    77.3
 Jun. 30 2020  0.08        0.05       0.23      Beat    335.1
 This summary was machine generated July 19 at 14:10 GMT.  All
figures in Canadian dollars  unless otherwise stated