Boyd Group Services Inc reports results for the quarter ended June 30 - Earnings Summary

• Boyd Group Services Inc BYD.TO reported quarterly adjusted earnings of 50 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 56 cents. The mean expectation of twelve analysts for the quarter was for earnings of 58 cents per share. Wall Street expected results to range from 44 cents to 74 cents per share.

• Revenue rose 0.2% to $780.41 million from a year ago; analysts expected $789.18 million.

• Boyd Group Services Inc's reported EPS for the quarter was 25 cents​.

• The company reported quarterly net income of $5.42 million.

• Boyd Group Services Inc shares had fallen by 9.8% this quarter and lost 11.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 10.2% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the personal services peer group is also "buy"

• Wall Street's median 12-month price target for Boyd Group Services Inc is C$262.50, about 26.5% above its last closing price of C$193.00

This summary was machine generated from LSEG data August 13 at 01:31 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)