MISTRAS Group (NYSE:MG) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:01 PM.
Here’s what investors need to know about the announcement.
Earnings
MISTRAS Group missed estimated earnings by 140.0%, reporting an EPS of $-0.12 versus an estimate of $-0.05.
Revenue was up $6.35 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 3.36% increase in the share price the next day.
Here’s a look at MISTRAS Group’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.08 | 0.22 | 0.21 | -0.1 |
| EPS Actual | 0.09 | 0.16 | 0.15 | -0.2 |
| Revenue Estimate | 169.38M | 187.50M | 183.16M | 159.58M |
| Revenue Actual | 168.22M | 178.46M | 179.03M | 161.66M |
To track all earnings releases for MISTRAS Group visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
