Advantage Energy Ltd expected to post earnings of 1 cent a share - Earnings Preview

Advantage Energy

23/07/2024 15:52

* Advantage Energy Ltd  AAV.TO   is expected to show a rise
in
quarterly revenue when it reports  results on July 25 for the
period ending June 30 2024
    * The Calgary Alberta-based  company is expected to report a
3.2% increase in revenue to C$108.5 million from C$105.11
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Advantage Energy Ltd is
for
earnings of 1 cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Advantage
Energy
Ltd is C$13.25​, above​ its last closing price of C$10.09. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.43        0.46       0.41      Missed  -10.1
 Dec. 31 2024  0.48        0.48       0.53      Beat    11.1
 Sep. 30 2023  0.46        0.46       0.52      Beat    14.3​
 Jun. 30 2023  0.32        0.34       0.30      Missed  -10.4
 ​​Mar.        0.61        0.63       0.63      Met     -0.3
 31 2023                                                
 Dec. 31 2022  0.69        0.70       0.55      Missed  -21.3​
 Sep. 30 2022  0.55        0.62       0.65      Beat    4.5
 Jun. 30 2022  0.80        0.77       0.83      Beat    7.2
 This summary was machine generated July 23 at 14:52 GMT.  All
figures in Canadian 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)