MTY Food Group (MTYFF) to Release Earnings on Friday

MTY Food Group (OTCMKTS:MTYFF) is expected to be releasing its results before the market opens on Friday, April 10th. Analysts expect MTY Food Group to post earnings of $0.5930 per share and revenue of $198.8980 million for the quarter.

MTY Food Group Trading Up 1.2%

OTCMKTS:MTYFF opened at $29.45 on Thursday. The company’s 50 day moving average price is $29.84 and its 200-day moving average price is $27.96. MTY Food Group has a 52 week low of $23.38 and a 52 week high of $33.54.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on MTYFF. Scotiabank reiterated a “sector perform” rating on shares of MTY Food Group in a report on Friday, February 20th. TD Securities reiterated a “hold” rating on shares of MTY Food Group in a report on Friday, February 20th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of MTY Food Group in a report on Friday, February 20th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

MTY Food Group Company Profile

MTY Food Group Inc is a Canadian-based franchisor and operator of quick-service and casual dining restaurants, offering a diversified portfolio of branded food concepts. Headquartered in Montreal, Quebec, the company develops, markets and franchises a range of culinary formats that include Asian, sandwich, coffee shop, dessert, and Mexican-inspired menus. MTY’s business model combines corporate-owned units with a global network of franchisees, enabling the company to deliver consistent quality and support to its operators.

Since its founding in 1997, MTY has expanded through both organic growth and strategic acquisitions.