Sleep Country Canada Holdings Inc reports results for the quarter ended in June - Earnings Summary

Sleep Country Canada Holdings

11/08/2023 24:21

* Sleep Country Canada Holdings Inc  ZZZ.TO  reported
quarterly
adjusted earnings of 42 cents​​ per share for the quarter ended
in June. The mean expectation of six analysts for the quarter
was for earnings of 48 cents per share.
    * Revenue fell 4.6% to C$217.20 million from a year ago;
analysts
expected C$224.14 million. 
    * Sleep Country Canada Holdings Inc's reported EPS for the
quarter
was 36 cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Sleep Country Canada Holdings Inc shares had fallen
by 7.2% this
quarter and gained 16.0% so far this year.
    * The company reported quarterly net income of C$12.69
million.
    * Wall Street's median 12-month price target for Sleep
Country
Canada Holdings Inc is C$30.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 10 at 11:21 p.m. UTC. ​All figures in Canadian dollars
unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.48           0.42           Missed
 Mar. 31 2023      0.37           0.37           Met
 Dec. 31 2022      0.64           0.67           Beat
 Sep. 30 2022      0.96           0.89           Missed