North West Company Inc reports results for the quarter ended in July 31 - Earnings Summary

North West

05/09/2024 03:45

* North West Company Inc  NWC.TO  reported quarterly
adjusted
earnings of 73 cents​​ per share for the quarter ended July 31,
lower than the same quarter last year, when the company reported
EPS of 82 cents.  The mean expectation of two analysts for the
quarter was for earnings of 76 cents per share. Wall Street
expected results to range from 71 cents to 80 cents per share.
    * Revenue rose 4.6% to C$646.49 million from a year ago;
analysts
expected C$648.80 million. 
    * North West Company Inc's reported EPS for the quarter was
73
cents​.
    * The company reported quarterly net income of $35.3
million.
    * North West Company Inc shares had risen by 10.2% this
quarter and gained 16.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4.8%
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 "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"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 44.00 
This summary was machine generated from LSEG data September 5 at
02:44 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
 Jul. 31 2024      0.76           0.73           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