Mullen Group Ltd expected to post earnings of 40cents a share - Earnings Preview

Mullen

18/10/2022 11:03

* Mullen Group Ltd  MTL.TO   is expected to show a rise in
quarterly revenue when it reports  results on October 20. 
    * The Okotoks Alberta-based  company is expected to report 
a
23.2% increase in revenue to C$532.807 million from C$432.5
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 40 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$17.25​, above​ its last closing price of C$14.65. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.24        0.24       0.43      Beat    83
 Mar. 31 2022  0.17        0.17       0.17      Met     -1.7
 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.        0.17        0.16       0.23      Beat    45
 30 2021                                                
 Mar. 31 2021  0.10        0.09       0.13      Beat    40​
 Dec. 31 2020  0.15        0.15       0.10      Missed  -33.3
 Sep. 30 2020  0.15        0.15       0.26      Beat    77.3
 This summary was machine generated October 18 at 10:02 GMT.  All
figures in Canadian dollars  unless otherwise stated