Stocks

Will Goodfood Market Corp (FOOD) Beat Estimates Again in Its Next Earnings Report?

By Wealth Awesome Newsroom -
Stocks & ETFs:FOOD.TO
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As Goodfood Market Corp prepares to release its upcoming earnings report, investors are keenly watching to see if the company can maintain its momentum of surpassing expectations.

Goodfood Market Corp (FOOD.TO) is set to announce its earnings for the fiscal period ending May 31, 2026, on July 21, 2026, before market open. With a history of outperforming estimates in three of the last four quarters, investors are eager to see if this trend will continue. The consensus EPS estimate currently stands at -$0.06, reflecting a year-over-year improvement from -$0.08.

Recent earnings trend

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Goodfood Market Corp

FOOD.TO

Full stock page โ†’

FOOD.TO

Goodfood Market Corp

Source:WealthAwesomeWealthAwesome
โ†“ $0.15 (-50.00%)
120 day period
$0.15$0.22$0.30Jan 23Apr 23Jul 17

Market cap

$14.93M

52W high

$0.38

52W low

$0.13

1W change

-6.25%

Beta

0.99

Analyst Price Targets

Based on analyst covering FOOD

๐Ÿ“ˆ

Wall Street analysts forecast FOOD stock price to rise 0.0% over the next 12 months.

Consensus

Neutral

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$0.15

+0.0% Upside

Current Price

C$0.15

Last close

Analyst ratings and price targets are updated periodically. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on FOOD's historical volatility

HistoricalForecast68%95%
C$0.07C$0.11C$0.15C$0.19C$0.22C$0.26TodayMar 9May 14Jul 17Aug 29Oct 12Nov 24

30-Day Vol

45.4%

Annualized

90-Day Vol

65.6%

Annualized

Trend (90d)

-50.0%

Annualized drift

90d Mean

C$0.13

Expected price

HorizonExpected68% Range (1ฯƒ)
30 trading daysC$0.14C$0.12 โ€“ C$0.17
60 trading daysC$0.13C$0.11 โ€“ C$0.17
90 trading daysC$0.13C$0.10 โ€“ C$0.16

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯƒ, 95% band = ยฑ2ฯƒ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

Analyst coverage: 1 analyst(s) cover this name; upcoming EPS consensus is available.

Beat estimates in 3 of the last 4 comparable quarter(s).

Fiscal periodReport dateActual EPSEstimateSurprise
2025-05-312025-07-220.0006-0.0200+103.0%
2025-02-282025-04-22-0.0300โ€”โ€”
2024-11-302025-01-21-0.0200-0.0200+0.0%
2024-08-312024-11-20-0.0495-0.0500+1.0%
2024-05-312024-07-160.0039-0.0200+119.5%
2024-02-292024-04-160.0200-0.0400+150.0%
-0.0600-0.02000.0200 23-0823-1124-0224-0524-0824-1125-0225-05 Estimate Actual (โ‰ฅ0) Actual (<0) Wealth Awesome

Investor takeaway: Goodfood's ability to beat estimates has been a positive sign for investors, indicating operational resilience. However, with the recent appointment of a new CEO and a strategic reset, the market will be looking for signals that these changes are translating into improved financial results.

Goodfood's EPS Consensus: -$0.06

This consensus represents a notable improvement from last year's -$0.08, indicating potential operational improvements.

Bull case

Goodfood has shown it can surprise investors with better-than-expected results, and analysts are predicting a 25% growth in EPS. If the company can effectively implement its strategic reset and enhance cash flow, it may continue to gain investor confidence.

Bear case

On the flip side, Goodfood faces ongoing challenges, including a negative profit margin of -12.64% and a declining stock performance. If the company fails to meet even the lowered expectations, it could lead to a further drop in investor sentiment.

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