Simply Good Foods Co expected to post earnings of 40cents a share - Earnings Preview

The Simply Good Foods

03/01/2023 13:45

* Simply Good Foods Co  SMPL.OQ   SMPL.O  is expected
to show a
rise in quarterly revenue when it reports  results on January
5. 
    * The Denver Colorado-based  company is expected to report 
a
6.9% increase in revenue to $300.549 million from $281.27
million a year ago, according to the mean estimate from 14
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Simply Good Foods
Co is
for earnings of 40 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Simply Good
Foods
Co is $42​, above​ its last closing price of $38.03. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Aug. 31 2022  0.29        0.28       0.36      Beat    27.5
 May. 31 2022  0.36        0.35       0.44      Beat    26.7
 Feb. 28 2022  0.27        0.27       0.36      Beat    31.4​
 Nov. 30 2021  0.34        0.34       0.43      Beat    25
 ​​Aug.        0.26        0.25       0.29      Beat    14.2
 31 2021                                                
 May. 31 2021  0.29        0.29       0.43      Beat    50.5​
 Feb. 28 2021  0.23        0.23       0.25      Beat    11
 Nov. 30 2020  0.22        0.21       0.29      Beat    38.7
 This summary was machine generated January 3 at 13:45 GMT.  All
figures in US dollars  unless otherwise stated