Metro Inc. report updated January 23, 2024

The report on Metro is updated and rated (lower) Buy at $69.76. It should do well long term. But the company itself is project earnings per share this year to be flat to down 2% due to some learning curve costs as new distribution centers become operational and as depreciation and interest costs for those new buildings start to hit the income statement. (These costs typically only start to get expensed when a building becomes operational).

They report Q1 discal 2024 earnings on January 30.

Scroll to Top