Ennis Inc reports results for the quarter ended August 31 - Earnings Summary

• Ennis Inc EBF reported quarterly adjusted earnings of 51 cents​​ per share for the quarter ended August 31, higher than the same quarter last year, when the company reported EPS of 40 cents. The lone analyst forecast for the quarter was for earnings of 38 cents per share.

• Revenue fell 0.4% to $98.68 million from a year ago; analysts expected $99.00 million.

• Ennis Inc's reported EPS for the quarter was 51 cents​.

• The company reported quarterly net income of $13.16 million.

• Ennis Inc shares had held steady so far this quarter and lost 14.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 5% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the commercial printing services peer group is "buy."

• Wall Street's median 12-month price target for Ennis Inc is $23.00, about 21.1% above its last closing price of $18.14

This summary was machine generated from LSEG data September 22 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)