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MTL Mullen News Story

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

* Mullen Group Ltd  MTL.TO  reported quarterly adjusted
earnings
of 17 cents​​ per share for the quarter ended in March. The mean
expectation of seven analysts for the quarter was for earnings
of 17 cents per share.
    * Revenue rose 57.3% to C$456.87 million from a year ago; 
analysts expected C$417.95 million. 
    * Mullen Group Ltd's reported EPS for the quarter was 17
cents​.
    * The mean earnings estimate of analysts had risen by
about 4.8%
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 fallen by 3.4% this
quarter and
gained 10.9% so far this year.
    * The company reported quarterly net income of C$16.45
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 April 20 at 10:48 p.m.  ​All
figures in Canadian dollars unless otherwise stated

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