Spar Group Inc Reports Results For The Quarter Ended In March: Earnings Summary

Spar

16/05/2024 23:40

* SPAR Group Inc  SGRP.OQ  reported quarterly breakeven
results​​
per share for the quarter ended in March, lower than the same
quarter last year, when the company reported EPS of 4 cents. 
The lone analyst forecast for the quarter was for a loss of 2
cents per share. 
    * Revenue rose 6.7% to $68.69 million from a year ago;
analysts
expected $48.00 million. 
    * SPAR Group Inc's reported EPS for the quarter was 28
cents​.
    * The company reported quarterly net income of $6.63
million.
    * SPAR Group Inc shares had risen by 82.5% this quarter and
gained 75.2% so far this year.

FORECAST CHANGES
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the advertising &
marketing peer group is also "buy"

Wall Street's median 12-month price target for SPAR Group Inc is
$7.00 
This summary was machine generated from LSEG data May 16 at
10:40 p.m. UTC. ​All figures in US 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
 Mar. 31 2024      -0.02          0.00           Beat
 Dec. 31 2023      -0.01          0.09           Beat
 Sep. 30 2023      0.01           0.01           Met
 Jun. 30 2023      0.04           0.03           Missed