Mullen Group Ltd expected to post earnings of 32  cents a share - Earnings Preview

Mullen

18/07/2023 11:02

* Mullen Group Ltd  MTL.TO   is expected to show a fall in
quarterly revenue when it reports  results on July 20. 
    * The Okotoks Alberta-based  company is expected to report 
a
5.1% decrease in revenue to C$495.167 million from C$521.56
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Mullen Group Ltd is
for
earnings of 32 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Mullen
Group Ltd
is C$17​, above​ its last closing price of C$15.03. ​​​

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 2023  0.26        0.24       0.33      Beat    37.5
 Dec. 31 2023  0.35        0.36       0.62      Beat    74.6
 Sep. 30 2022  0.42        0.40       0.39      Missed  -1.5​
 Jun. 30 2022  0.24        0.24       0.43      Beat    83
 ​​Mar.        0.17        0.17       0.17      Met     -1.7
 31 2022                                                
 Dec. 31 2021  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
 This summary was machine generated July 18 at 10:02 GMT.  All
figures in Canadian dollars  unless otherwise stated