Metro (MTRAF) to Release Quarterly Earnings on Wednesday

Key Points

• Metro (MTRAF) will report quarterly earnings before the market opens on Wednesday, April 22, with analysts forecasting EPS of $1.65 and revenue of about $7.10 billion.
• In its last quarter Metro posted EPS of $0.83 (missing estimates by $0.04) and revenue of $3.85 billion, with a return on equity of 14.73% and a net margin of 4.44%.
• Metro's stock has a market cap of $14.21 billion and a P/E of 40.68; analyst coverage shows a consensus rating of Moderate Buy (three Buy ratings, one Hold) and a 52-week range of $66.09–$83.02.

Metro (OTCMKTS:MTRAF - Get Free Report) is projected to issue its results before the market opens on Wednesday, April 22nd. Analysts expect the company to announce earnings of $1.65 per share and revenue of $7.0971 billion for the quarter.

Metro (OTCMKTS:MTRAF - Get Free Report) last released its quarterly earnings results on Tuesday, January 27th. The company reported $0.83 earnings per share for the quarter, missing analysts' consensus estimates of $0.87 by ($0.04). The company had revenue of $3.85 billion during the quarter, compared to analysts' expectations of $3.71 billion. Metro had a return on equity of 14.73% and a net margin of 4.44%.

Metro Stock Performance

Metro stock opened at $67.12 on Wednesday. The stock has a market cap of $14.21 billion and a P/E ratio of 40.68. The company has a current ratio of 1.42, a quick ratio of 0.53 and a debt-to-equity ratio of 0.65. The stock has a 50 day moving average of $69.57 and a 200-day moving average of $69.63. Metro has a 52 week low of $66.09 and a 52 week high of $83.02.

Analysts Set New Price Targets

Several equities analysts have recently commented on MTRAF shares. BMO Capital Markets reiterated an "outperform" rating on shares of Metro in a research note on Wednesday, January 28th. TD Securities reiterated a "buy" rating on shares of Metro in a research note on Wednesday, January 28th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy".

About Metro

Metro AG, trading in the United States as an American Depositary Receipt under the symbol MTRAF, is a leading international wholesale company focused on supplying the foodservice and hospitality sectors. Through its METRO Cash & Carry division, the company operates self-service wholesale outlets that offer a broad assortment of food products, fresh perishables, non-food items and hotel and restaurant equipment. Metro’s business model caters exclusively to professional customers—hotels, restaurants, caterers and independent retailers—enabling them to purchase in bulk at competitive prices.

Founded in 1964 and headquartered in Düsseldorf, Germany, Metro has grown its footprint across Europe and Asia, serving customers in more than 30 countries.

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