Mama's Creations Inc reports results for the quarter ended in January - Earnings Summary

Reuters04-25

* Mama's Creations Inc reported quarterly adjusted earnings of 4 cents​​ per share for the quarter ended in January, identical to the same quarter last year. The mean expectation of four analysts for the quarter was for earnings of 3 cents per share. Wall Street expected results to range from 2 cents to 4 cents per share.

* Revenue rose 17% to $26.70 million from a year ago; analysts expected $24.98 million.

* Mama's Creations Inc's reported EPS for the quarter was 4 cents​.

* The company reported quarterly net income of $1.41 million.

* Mama's Creations Inc shares had risen by 3.0% this quarter and gained 4.9% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 8.3% 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 5 "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 $8.00 This summary was machine generated from LSEG data April 24 at 09:01 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

Jan. 31 2024 0.03 0.04 Beat

Oct. 31 2023 0.04 0.05 Beat

Jul. 31 2023 0.03 0.05 Beat

Apr. 30 2023 0.02 0.04 Beat

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