North West Company Inc reports results for the quarter ended in January - Earnings Summary

North West

05/06/2024 17:24

* North West Company Inc  NWC.TO  reported quarterly
adjusted
earnings of 53 cents​​ per share for the quarter ended in
January, higher than the same quarter last year, when the
company reported EPS of 51 cents.  The mean expectation of
three analysts for the quarter was for earnings of 58 cents per
share. Wall Street expected results to range from 54 cents to 64
cents per share.
    * Revenue rose 4% to $617.50 million from a year ago;
analysts
expected C$608.00 million. 
    * North West Company Inc's reported EPS for the quarter was
53
cents​.
    * The company reported quarterly net income of C$25.5
million.
    * North West Company Inc shares had fallen by 0.8% this
quarter and lost 0.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the food retail &
distribution peer group is also "hold"

Wall Street's median 12-month price target for North West
Company Inc is C$42.00 
This summary was machine generated from LSEG data June 5 at
04:24 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
 Apr. 30 2024      0.58           0.53           Missed
 Jan. 31 2024      0.72           0.82           Beat
 Oct. 31 2023      0.72           0.85           Beat
 Jul. 31 2023      0.70           0.82           Beat