MISTRAS Group (NYSE:MG) announced its Q1 earnings on Wednesday, May 1, 2024 at 04:01 PM.

Here's a breakdown of the earnings report.

Earnings

MISTRAS Group beat estimated earnings by 75.0%, reporting an EPS of $0.07 versus an estimate of $0.04.

Revenue was up $16.43 million from the same period last year.

Historical Earnings Summary

During the previous quarter, the company missed on EPS by $0.05, leading to a 7.000000000000001% increase share price change the next day.

Here's a look at MISTRAS Group's past performance:

Peer Performance in Recent Earnings

With MISTRAS Group's earnings data in hand, it's essential to compare its metrics to those of similar companies, including Franklin Covey, NV5 Global, and LegalZoom.com.

Competitors Quarterly Earnings and Stock Performance Analysis

The analysis presented here offers insights into the market's response to the latest earnings releases of key competitors. It highlights the expected and announced earnings per share (EPS) for each company, along with their corresponding stock prices at the close of the announcement day and the open of the following trading day.

Peer Revenue Comparison: Estimated vs. Announced Revenue

Below is a comparison of estimated and announced revenue figures for MISTRAS Group's peers. This comparison gives insights into the revenue performance of these companies, providing valuable context for understanding their financial standing within the industry.

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.