MYT Netherlands Parent BV reports results for the quarter ended September 30 - Earnings Summary
MYT Netherlands Parent BV MYTE.N reported quarterly adjusted earnings of 6 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -3 cents. The mean expectation of four analysts for the quarter was for a loss of 5 cents per share. Wall Street expected results to range from -7 cents to -4 cents per share.
Revenue rose 7.4% to €201.70 million from a year ago; analysts expected €203.93 million.
MYT Netherlands Parent BV's reported EPS for the quarter was a loss of 27 cents.
The company reported a quarterly loss of €23.52 million.
MYT Netherlands Parent BV shares had risen by 65.9% this quarter and gained 98.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 10% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the online services peer group is also "hold"
Wall Street's median 12-month price target for MYT Netherlands Parent BV is $5.00
This summary was machine generated from LSEG data November 20 at 03:46 p.m. UTC. All figures in euros 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2024 | -0.05 | 0.06 | Beat |
Jun. 30 2024 | 0.10 | 0.05 | Missed |
Mar. 31 2024 | 0.04 | 0.02 | Missed |
Dec. 31 2023 | 0.00 | 0.04 | Beat |
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