Investing.com - Financial Markets Worldwide
🤼 AI vs Market: One year after launch, how did ProPicks AI perform in 2024?See what you missed

NFI Group Inc <NFI.TO>: Losses of 63  cents announced for third quarter

Published 2022-11-16, 08:04 a/m
&copy; Reuters. NFI Group Inc &lt;NFI.TO&gt;: Losses of 63  cents announced for third quarter

16 November 2022 02:04 a.m. ​All figures in US dollars. The loss announced by NFI Group Inc (TSX:NFI) in the third quarter were lower than the Refinitiv mean estimate of losses. The company reported losses of -63 cents per share, 47 cents lower than the same quarter last year when the company reported EPS of -16 cents. Losses of -62 cents per share were anticipated by the five analysts providing estimates for the quarter. Wall Street expected results to range from -72 cents to -48 cents per share, with a forecasted mean of -62 cents per share. The company reported revenue of $514.05 million, which is higher than the estimated $484.8 million. RECOMMENDATIONS * The consensus recommendation for the company is "Hold". * The average consensus recommendation for the heavy machinery & vehicles peer group is also "Hold". FORECAST CHANGES * Four analysts are currently providing Refinitiv with estimates. * In the last week there have been no earnings estimate revisions by analysts covering the company. There was a loss of one estimate. YEAR OVER YEAR * The company reported an increase in revenue to $514.05 million from $492.04 million in the same quarter last year.​ * Previous quarterly performance (using earnings preferred measure) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET, MISSED Jun. 30 2022 -0.69​ -0.64 Beat Mar. 31 2022 -0.47 -0.53 Missed Dec. 31 2021 -0.16 -0.21 Missed​ Sep. 30 2021 -0.17 -0.16 Beat This summary was machine generated from Refinitiv data November 16 at 02:04 a.m.

Read more on Kalkine Media

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.