Several brokerage firms at Wall Street have predicted that the stocks of MNR would be announcing an EPS of $0.21 for the present quarter, as reported. Two of the analysts working on the firm have already given the range of $0.20 to $0.21. The company also posted an EPS of $0.21 the previous year. The company will surely upload their earnings data next on the 4th of February.
The Quarterly Earnings of MNR
The stocks of MNR last posted their quarterly earnings on the 22nd of November. The company had reported an EPS of $0.03, which missed out on the consensus estimate of $0.21. The company also had a net margin of -13.19%, with a return on its equity fixed at -3.69%.
There are several research equities that have commented on the stocks of the company. ValuEngine has already upgraded the stocks of the company from a rating of ‘sell’ to a rating of ‘hold’ in one of their 11th September reports.
Zacks Investment Research has downgraded the stocks of the company from a rating of ‘hold’ to a rating of ‘sell’ in one of their 1st December reports. National Securities have already issued the company a rating of ‘buy’, and a price target set at $18. BidaskClub has also joined in the fray with a rating upgraded from ‘sell’ to ‘hold’ in one of their research reports. Berenberg Bank, on the other hand, is the last company to assume coverage on the stocks of the firm- as they set up a rating of ‘buy’ along with a price target of $17.
Two of the research analysts working on the firm have already given the stocks a rating of ‘sell’, while three of them have issued a rating of ‘hold’. Three of the investment analysts have already provided the stocks of MNR with the rating of ‘buy’. The consensus rating is ‘hold’.