Metro (OTCMKTS:MTRAF – Get Free Report) is expected to be announcing its results before the market opens on Wednesday, November 18th. Analysts expect the company to post earnings of $0.6850 per share and revenue of $3.63 billion for the quarter.
Metro (OTCMKTS:MTRAF – Get Free Report) last posted its quarterly earnings data on Wednesday, August 12th. The company reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.87 by $0.03. The business had revenue of $4.91 billion for the quarter, compared to analyst estimates of $4.86 billion. Metro had a return on equity of 14.24% and a net margin of 4.01%.
Metro Trading Up 0.1%
Metro stock opened at $69.92 on Wednesday. The stock has a market cap of $14.52 billion and a PE ratio of 20.80. Metro has a 52 week low of $60.71 and a 52 week high of $83.02. The company has a current ratio of 1.43, a quick ratio of 0.60 and a debt-to-equity ratio of 0.67. The stock has a 50-day moving average price of $66.04 and a 200 day moving average price of $66.81.
Wall Street Analysts Forecast Growth
MTRAF has been the topic of several recent analyst reports. BMO Capital Markets downgraded shares of Metro from an “outperform” rating to a “market perform” rating in a research note on Monday, July 20th. Canadian Imperial Bank of Commerce started coverage on shares of Metro in a research note on Thursday, October 22nd. They issued an “outperform” rating for the company. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Metro presently has an average rating of “Moderate Buy”.
Get Our Latest Research Report on MTRAF
About Metro
Metro Inc. is a Canadian food and pharmacy retailer serving customers primarily in Quebec and Ontario. Its grocery banners include Metro and Metro Plus, discount stores under the Super C and Food Basics names, and specialty food retailers such as Adonis. The company also provides online grocery shopping and operates food distribution and logistics services. In pharmacy, Metro operates and supports stores under banners including Jean Coutu and Brunet, as well as Metro Pharmacy. Its network includes both company-operated and franchised or affiliated locations.
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