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

Mullen

20/07/2023 12:01

* Mullen Group Ltd  MTL.TO  reported quarterly adjusted
earnings
of 39 cents​​ per share for the quarter ended in June. The mean
expectation of seven analysts for the quarter was for earnings
of 32 cents per share.
    * Revenue fell 5.2% to C$494.30 million from a year ago;
analysts
expected C$495.17 million. 
    * Mullen Group Ltd's reported EPS for the quarter was 39
cents​.
    * The mean earnings estimate of analysts had risen by
about 3.9%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Mullen Group Ltd shares had risen by 0.5% this quarter and
gained 4.8% so far this year.
    * The company reported quarterly net income of C$34.7
million.
    * Wall Street's median 12-month price target for Mullen
Group Ltd
is C$17.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
20 at 11:00 a.m. UTC. ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.32           0.39           Beat
 Mar. 31 2023      0.24           0.33           Beat
 Dec. 31 2022      0.36           0.62           Beat
 Sep. 30 2022      0.40           0.39           Missed