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

Mullen

23/07/2026 12:04

Mullen Group Ltd MTL.TO reported quarterly adjusted earnings of 37 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 28 cents.  The mean expectation of eight analysts for the quarter was for earnings of 34 cents per share. Wall Street expected results to range from 31 cents to 37 cents per share.
Revenue rose 12.6% to C$609.30 million from a year ago; analysts expected C$592.80 million. 
Mullen Group Ltd's reported EPS for the quarter was 37 cents​.
The company reported quarterly net income of C$36 million.
Mullen Group Ltd shares had risen by 17.8% this quarter and gained 62.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.4% in the last three months.​ 
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "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$23.00, about 11.3% below its last closing price of C$25.60
This summary was machine generated from LSEG data July 23 at 11:04 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 2026 
0.34
0.37
Beat
Mar. 31 2026 
0.19
0.22
Beat
Dec. 31 2025 
0.21
0.16
Missed
Sep. 30 2025 
0.37
0.36
Missed