Simply Good Foods Co reports results for the quarter ended in August - Earnings Summary

The Simply Good Foods

21/10/2022 14:31

* Simply Good Foods Co  SMPL.OQ  reported quarterly adjusted
earnings of 36 cents​​ per share for the quarter ended in
August. The mean expectation of fourteen analysts for the
quarter was for earnings of 28 cents per share.
    * Revenue rose 5.5% to $274.16 million from a year ago;
analysts
expected $262.53 million. 
    * Simply Good Foods Co's reported EPS for the quarter was 30
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.1%
in the last three months.​ 
    * In the last 30 days five analysts negatively revised
earnings
estimates 
    * Simply Good Foods Co shares had risen by 1.2% this
quarter and
lost 22.1% so far this year.
    * The company reported quarterly net income of $30.13
million.
    * Wall Street's median 12-month price target for Simply Good
Foods
Co is $40.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data October
21 at 01:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Aug. 31 2022      0.28           0.36           Beat
 May. 31 2022      0.35           0.44           Beat
 Feb. 28 2022      0.27           0.36           Beat
 Nov. 30 2021      0.34           0.43           Beat