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

North West

07/12/2023 03:30

* North West Company Inc  NWC.TO  reported quarterly
adjusted
earnings of 85 cents​​ per share for the quarter ended in
October, higher than the same quarter last year, when the
company reported EPS of 68 cents.  The mean expectation of
three analysts for the quarter was for earnings of 72 cents per
share. Wall Street expected results to range from 70 cents to 74
cents per share.
    * Revenue rose 5.1% to C$616.91 million from a year ago;
analysts
expected C$597.10 million. 
    * North West Company Inc's reported EPS for the quarter was
77
cents​.
    * The company reported quarterly net income of C$38.04
million.
    * North West Company Inc shares had risen by 8.3% this
quarter and
gained 4.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 5.9%
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," 3
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for North West
Company Inc is C$40.50 

This summary was machine generated from LSEG data December 7 at
03:29 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
 Oct. 31 2023      0.72           0.85           Beat
 Jul. 31 2023      0.70           0.82           Beat
 Apr. 30 2023      0.60           0.51           Missed
 Jan. 31 2023      0.56           0.75           Beat