Mullen Group Ltd expected to post earnings of 31 cents a share - Earnings Preview

Mullen

23/04/2024 11:03

* Mullen Group Ltd  MTL.TO   is expected to show a fall in
quarterly revenue when it reports  results on April 25 for the
period ending March 31 2024
    * The Okotoks Alberta-based  company is expected to report a
0.0% decrease in revenue to C$497.724 million from C$497.82
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Mullen Group Ltd is for
earnings of 31 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"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$18.50​, above​ its last closing price of C$14.38. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.34        0.32       0.32      Met     -1.2
 Sep. 30 2023  0.35        0.35       0.42      Beat    19
 Jun. 30 2023  0.32        0.32       0.39      Beat    22.4​
 Mar. 31 2023  0.26        0.24       0.33      Beat    37.5
 ​​Dec.        0.35        0.36       0.62      Beat    74.6
 31 2022                                                
 Sep. 30 2022  0.42        0.40       0.39      Missed  -1.5​
 Jun. 30 2022  0.24        0.24       0.43      Beat    83
 Mar. 31 2022  0.17        0.17       0.17      Met     -1.7
 This summary was machine generated April 23 at 10:02 GMT.  All
figures in Canadian dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)