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

Mullen

21/07/2022 14:31

* Mullen Group Ltd  MTL.TO  reported quarterly adjusted
earnings
of 43 cents​​ per share for the quarter ended in June. The mean
expectation of seven analysts for the quarter was for earnings
of 24 cents per share.
    * Revenue rose 66.9% to C$521.56 million from a year ago; 
analysts expected C$454.84 million. 
    * Mullen Group Ltd's reported EPS for the quarter was 43
cents​.
    * The mean earnings estimate of analysts had risen by
about 9.7%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Mullen Group Ltd shares had risen by 4.0% this quarter and
gained 0.9% so far this year.
    * The company reported quarterly net income of C$42.61
million.
    * Wall Street's median 12-month price target for Mullen
Group Ltd
is C$15.75 
    * 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 July 21 at 01:31 p.m.  ​All
figures in Canadian dollars unless otherwise stated.
 QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.24           0.43           Beat
 Mar. 31 2022      0.17           0.17           Met
 Dec. 31 2021      0.18           0.21           Beat
 Sep. 30 2021      0.23           0.18           Missed
 This summary was machine generated from Refinitiv data July 21
at 01:31 p.m