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

Sleep Country Canada Holdings

09/05/2023 08:17

* Sleep Country Canada Holdings Inc  ZZZ.TO  reported
quarterly
adjusted earnings of 37 cents​​ per share for the quarter ended
in March. The mean expectation of six analysts for the quarter
was for earnings of 37 cents per share.
    * Revenue fell 0.3% to C$206.50 million from a year ago;
analysts
expected C$196.58 million. 
    * Sleep Country Canada Holdings Inc's reported EPS for the
quarter
was 32 cents​.
    * The mean earnings estimate of analysts had fallen by
about 10.5%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * Sleep Country Canada Holdings Inc shares had risen by 1.6%
this
quarter and gained 4.3% so far this year.
    * The company reported quarterly net income of C$11.33
million.
    * Wall Street's median 12-month price target for Sleep
Country
Canada Holdings Inc is C$29.50 
    * 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 May
9 at 07:16 a.m. UTC. ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.57           0.69           Beat