NFI Group Inc reports results for the quarter ended September 30 - Earnings Summary

NFI

08/11/2024 21:49

* NFI Group Inc  NFI.TO  reported a quarterly adjusted loss
of 4
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of -41 cents.  The mean expectation of five analysts for the
quarter was for earnings of 4 cents per share. Wall Street
expected results to range from zero cents to 6 cents per share.
    * Revenue rose 0.2% to $711.34 million from a year ago;
analysts
expected $814.80 million. 
    * NFI Group Inc's reported EPS for the quarter was a loss
of 13
cents​.
    * The company reported a quarterly loss of $14.99 million.
    * NFI Group Inc shares had fallen by 10.1% this quarter and
gained 18.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 58.8%
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 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the heavy
machinery &
vehicles peer group is also "buy"

Wall Street's median 12-month price target for NFI Group Inc is
19.00 
This summary was machine generated from LSEG data November 8 at
09:49 p.m. UTC. ​All figures in US 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
 Sep. 30 2024      0.04           -0.04          Missed
 Jun. 30 2024      0.00           0.03           Beat
 Mar. 31 2024      -0.15          -0.13          Beat
 Dec. 31 2023      -0.20          -0.05          Beat