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Stock impact report

Meritage Hospitality Group Inc. (MHGU) Earnings Expected to Grow: What to Know Ahead of Q4 Release [Yahoo! Finance]

MERITAGE HOSPTLTY GRP INC (MHGU) 
NASDAQ:AMEX Investor Relations: meritagehospitality.com/investor-relations
Company Research Source: Yahoo! Finance
This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. Zacks Consensus Estimate This company is expected to post quarterly earnings of $0.17 per share in its upcoming report, which represents a year-over-year change of +221.4%. Revenues are expected to be $169.7 million, up 6.5% from the year-ago quarter. Estimate Revisions Trend The consensus EPS estimate for the quarter has remained unchanged over Show less Read more
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