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

Mullen

27/04/2023 13:30

* Mullen Group Ltd  MTL.TO  reported quarterly adjusted
earnings
of 33 cents​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for earnings of
25 cents per share.
    * Revenue rose 9% to C$497.82 million from a year ago;
analysts
expected C$483.06 million. 
    * Mullen Group Ltd's reported EPS for the quarter was 33
cents​.
    * The mean earnings estimate of analysts had risen by
about 13.6%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Mullen Group Ltd shares had fallen by 5.3% this
quarter and
lost 3.8% so far this year.
    * The company reported quarterly net income of C$31.72
million.
    * Wall Street's median 12-month price target for Mullen
Group Ltd
is C$16.75 
    * 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
April 27 at 12:30 p.m. UTC. ​All figures in Canadian dollars
unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.25           0.33           Beat
 Dec. 31 2022      0.36           0.62           Beat
 Sep. 30 2022      0.40           0.39           Missed
 Jun. 30 2022      0.24           0.43           Beat