12:36 PM EST, 01/20/2025 (MT Newswires) -- MTY Foods is expected to report its fiscal fourth-quarter results in early February.

National Bank expects fourth quarter performance to improve sequentially, reflecting organic growth initiatives across the business, operating efficiency initiatives and easier y/y compares, partly offset by moderating industry growth in Canada.

Analyst Vishal Shreedhar projects EBITDA of $60 million vs. consensus at $58 million; last year was $60 million. He also projects system sales of $1,337 million vs. $1,342 million last year; revenue of $285 million vs. consensus at $274 million. Last year was $280 million.

Maintain Outperform rating; price target is $57.

Price: 47.65, Change: +2.02, Percent Change: +4.43