MYT Netherlands Parent BV reports results for the quarter ended September 30 - Earnings Summary

• MYT Netherlands Parent BV MYTE.N reported quarterly adjusted earnings of 6 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -3 cents. The mean expectation of four analysts for the quarter was for a loss of 5 cents per share. Wall Street expected results to range from -7 cents to -4 cents per share.

• Revenue rose 7.4% to €201.70 million from a year ago; analysts expected €203.93 million.

• MYT Netherlands Parent BV's reported EPS for the quarter was a loss of 27 cents​.

• The company reported a quarterly loss of €23.52 million.

• MYT Netherlands Parent BV shares had risen by 65.9% this quarter and gained 98.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 10% 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 "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the online services peer group is also "hold"

Wall Street's median 12-month price target for MYT Netherlands Parent BV is $5.00

This summary was machine generated from LSEG data November 20 at 03:46 p.m. UTC. ​All figures in euros 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)