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

Mullen

28/10/2021 24:00

* Mullen Group Ltd  MTL.TO  reported quarterly adjusted earnings
of 18 cents​​ per share for the quarter ended in September. The
mean expectation of seven analysts for the quarter was
for earnings of 23 cents per share.
* Revenue rose 48.7% to C$432.50 million from a year ago; 
analysts expected C$410.41 million. 
* Mullen Group Ltd's reported EPS for the quarter was 18 cents​.
* The mean earnings estimate of analysts had fallen by
about 3.7% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Mullen Group Ltd shares had risen by 8.9% this quarter and
gained 28.7% so far this year.
* The company reported quarterly net income of C$17.5 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 8 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
This summary was machine generated October 27 at 10:59 p.m.
 ​All figures in Canadian dollars unless otherwise stated