Mama's Creations Inc reports results for the quarter ended October 31 - Earnings Summary

Reuters
17 Dec 2024
Mama's Creations Inc reports results for the quarter ended October 31 - Earnings Summary
  • Mama's Creations Inc MAMA.OQ reported quarterly adjusted earnings of 1 cent​​ per share for the quarter ended October 31, lower than the same quarter last year, when the company reported EPS of 5 cents. The mean expectation of four analysts for the quarter was for earnings of 4 cents per share. Wall Street expected results to range from 3 cents to 4 cents per share.

  • Revenue rose 10% to $31.52 million from a year ago; analysts expected $30.05 million.

  • Mama's Creations Inc's reported EPS for the quarter was 1 cent​.

  • The company reported quarterly net income of $410 thousand.

  • Mama's Creations Inc shares had risen by 29.7% this quarter and gained 92.9% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts was unchanged in the last three months.​

  • 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 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the food processing peer group is also "buy"

Wall Street's median 12-month price target for Mama's Creations Inc is $10.00

This summary was machine generated from LSEG data December 16 at 10:01 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

Oct. 31 2024

0.04

0.01

Missed

Jul. 31 2024

0.03

0.03

Met

Apr. 30 2024

0.02

0.01

Missed

Jan. 31 2024

0.03

0.04

Beat

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