North West Company Inc reports results for the quarter ended April 30 - Earnings Summary

• North West Company Inc NWC.TO reported quarterly adjusted earnings of 69 cents​​ per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of 53 cents. The mean expectation of three analysts for the quarter was for earnings of 58 cents per share. Wall Street expected results to range from 57 cents to 60 cents per share.

• Revenue rose 3.9% to C$641.40 million from a year ago; analysts expected C$652.57 million.

• North West Company Inc shares had risen by 6.9% this quarter and gained 10.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 3.3% 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 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the food retail & distribution peer group is also "buy"

• Wall Street's median 12-month price target for North West Company Inc is C$60.00

This summary was machine generated from LSEG data June 11 at 02:15 a.m. UTC. ​All figures in Canadian 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)