14 November 2022 02:56 p.m. All figures in Canadian dollars. Metro (TSX:MRU) Inc is expected to show an increase in its third quarter earnings to 90 cents per share according to the mean Refinitiv estimate from eight analysts. Wall Street expects results to range from 87 cents to 91 cents per share. RECOMMENDATIONS * The consensus recommendation for the company is "Hold". This includes one "Strong Buy", one "Buy", nine "Hold". * The average consensus recommendation for the food retail & distribution peer group is also "Hold". FORECAST CHANGES * Eight analysts are currently providing Refinitiv with estimates. * In the last week three analysts have revised earnings estimates upward and one analyst has revised an earnings estimate downward. There were no changes to the number of estimates. * In the last four weeks the earnings per share estimate is unchanged from 90 cents. Estimates ranged from a high of 91 cents to a low of 88 cents. There has been no changes to the number of estimates. * The StarMine predicted earnings surprise is too low to be considered statistically significant. Predicted revenue surprise is too low to be significant. * The average price target from the eight analysts providing estimates is C$74.7. YEAR OVER YEAR * The company is expected to report a rise in revenue to C$4.29 billion from C$4.09 billion in the same quarter last year. * The current quarter consensus estimate of 90 cents per share implies a gain of 10.49 percent from the same quarter last year when the company reported 81 cents per share. * Previous quarterly performance (using preferred earnings measure) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET, MISSED Jun. 30 2022 1.19 1.18 Missed Mar. 31 2022 0.84 0.82 Missed Dec. 31 2021 0.87 0.88 Beat Sep. 30 2021 0.80 0.81 Beat This summary was machine generated from Refinitiv data November 14 at 02:56 p.m..