Mullen Group Ltd reports results for the quarter ended in December - Earnings Summary

Mullen

10/02/2022 16:37

* Mullen Group Ltd  MTL.TO  reported quarterly adjusted
earnings
of 21 cents​​ per share for the quarter ended in December. The
mean expectation of seven analysts for the quarter was
for earnings of 18 cents per share.
    * Revenue rose 48.5% to C$441.95 million from a year ago; 
analysts expected C$427.87 million. 
    * Mullen Group Ltd's reported EPS for the quarter was 21
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.4%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Mullen Group Ltd shares had risen by 5.6% this quarter.
    * The company reported quarterly net income of C$20.28
million.
    * Wall Street's median 12-month price target for Mullen
Group Ltd
is C$16.00 
    * 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." 

This summary was machine generated February 10 at 04:37 p.m.
 ​All figures in Canadian dollars unless otherwise stated