Pason Systems Inc reports results for the quarter ended in June - Earnings Summary

Pason Systems

11/08/2023 24:41

* Pason Systems Inc  PSI.TO  reported quarterly adjusted
earnings
of 32 cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
28 cents per share.
    * Revenue rose 15.1% to C$84.69 million from a year ago;
analysts
expected C$83.65 million. 
    * Pason Systems Inc's reported EPS for the quarter was 32
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Pason Systems Inc shares had risen by 18.9% this
quarter and
lost 14.3% so far this year.
    * The company reported quarterly net income of C$25.47
million.
    * Wall Street's median 12-month price target for Pason
Systems Inc
is C$16.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 10 at 11:41 p.m. UTC. ​All figures in Canadian dollars
unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.28           0.32           Beat
 Mar. 31 2023      0.37           0.44           Beat
 Dec. 31 2022      0.36           0.44           Beat
 Sep. 30 2022      0.28           0.41           Beat