Advantage Energy Ltd expected to post earnings of 11 cents a share - Earnings Preview

Advantage Energy

24/04/2024 01:12

* Advantage Energy Ltd  AAV.TO   is expected to report
resultson
April 25 for the period ending March 31 2024
    * The Calgary Alberta-based  company is expected to report
revenue
of C$138.2 million, according to the estimate from one analyst,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Advantage Energy Ltd is
for
earnings of 11 cents 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 had fallen by
about 9.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Advantage
Energy
Ltd is C$13.00​, above​ its last closing price of C$10.47. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  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. 31 2023  0.61        0.63       0.63      Met     -0.3
 ​​Dec.        0.69        0.70       0.55      Missed  -21.3
 31 2022                                                
 Sep. 30 2022  0.55        0.62       0.65      Beat    4.5​
 Jun. 30 2022  0.80        0.77       0.83      Beat    7.2
 Mar. 31 2022  0.55        0.54       0.57      Beat    5.2
 This summary was machine generated April 24 at 00:12 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)