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

Pason Systems

05/05/2023 18:58

* Pason Systems Inc  PSI.TO  reported quarterly adjusted
earnings
of 44 cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for earnings of
37 cents per share.
    * Revenue rose 31.9% to C$98.23 million from a year ago;
analysts
expected C$95.20 million. 
    * Pason Systems Inc's reported EPS for the quarter was 44
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Pason Systems Inc shares had fallen by 7.5% this
quarter and
lost 29.6% so far this year.
    * The company reported quarterly net income of C$35.84
million.
    * Wall Street's median 12-month price target for Pason
Systems Inc
is C$18.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
5 at 05:58 p.m. UTC. ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.37           0.44           Beat
 Dec. 31 2022      0.36           0.44           Beat
 Sep. 30 2022      0.28           0.41           Beat
 Jun. 30 2022      0.17           0.22           Beat