Mullen Group Ltd reports results for the quarter ended June 30 - Earnings Summary

Mullen

24/07/2025 12:01

Mullen Group Ltd MTL.TO reported quarterly adjusted earnings of 28 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 37 cents.  The mean expectation of nine analysts for the quarter was for earnings of 33 cents per share. Wall Street expected results to range from 24 cents to 43 cents per share.

Revenue rose 9.1% to C$540.90 million from a year ago; analysts expected C$528.80 million.

Mullen Group Ltd's reported EPS for the quarter was 28 cents​.

The company reported quarterly net income of C$25.6 million.

Mullen Group Ltd shares had fallen by 1.3% this quarter and lost 4.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 3% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the ground freight & logistics peer group is also "buy"

Wall Street's median 12-month price target for Mullen Group Ltd is C$16.75, about 16.4% above its last closing price of C$14.00

This summary was machine generated from LSEG data July 24 at 11:01 a.m. UTC. ​All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
0.33
0.28
Missed
Mar. 31 2025
0.25
0.20
Missed
Dec. 31 2024
0.29
0.21
Missed
Sep. 30 2024
0.36
0.41
Beat