Yahoo Finance Maple Leaf Foods Third Quarter 2022 Earnings: EPS Misses Expectations
Maple Leaf Foods (TSE:MFI) Third Quarter 2022 Results
Key Financial Results
Revenue: CA$1.23b (up 3.6% from 3Q 2021).
Net loss: CA$229.5m (down from CA$44.5m profit in 3Q 2021).
CA$1.86 loss per share (down from CA$0.36 profit in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Maple Leaf Foods EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates significantly.
Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Food industry in Canada.
Performance of the Canadian Food industry.
The company's shares are up 11% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 3 warning signs for Maple Leaf Foods you should know about.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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