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

North West

10/12/2024 02:48

* North West Company Inc  NWC.TO  reported quarterly
adjusted
earnings of 83 cents​​ per share for the quarter ended October
31, lower than the same quarter last year, when the company
reported EPS of 85 cents.  The mean expectation of two analysts
for the quarter was for earnings of 82 cents per share. Wall
Street expected results to range from 77 cents to 86 cents per
share.
    * Revenue rose 3.3% to C$637.50 million from a year ago;
analysts
expected C$647.20 million. 
    * North West Company Inc's reported EPS for the quarter was
72
cents​.
    * The company reported quarterly net income of C$35.38
million.
    * North West Company Inc shares had risen by 2.4% this
quarter and
gained 33.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4.7%
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 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the food retail &
distribution peer group is  "hold."

Wall Street's median 12-month price target for North West
Company Inc is C$57.50 
This summary was machine generated from LSEG data December 10 at
02:47 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 2024      0.82           0.83           Beat
 Jul. 31 2024      0.76           0.73           Missed
 Apr. 30 2024      0.58           0.53           Missed
 Jan. 31 2024      0.72           0.82           Beat