Advantage Energy Ltd expected to post earnings of 12  cents a share - Earnings Preview

Advantage Energy

26/07/2023 24:04

* Advantage Energy Ltd  AAV.TO   is expected to show a fall
in
quarterly revenue when it reports  results on July 27. 
    * The Calgary Alberta-based  company is expected to report 
a
59.0% decrease in revenue to C$115.8 million from C$282.65
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Advantage Energy
Ltd is
for earnings of 12 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 3
"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$11​, above​ its last closing price of C$9.20. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.61        0.63       0.63      Met     -0.3
 Dec. 31 2023  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
 ​​Mar.        0.55        0.54       0.57      Beat    5.2
 31 2022                                                
 Dec. 31 2021  0.38        0.38       0.35      Missed  -7.5​
 Sep. 30 2021  0.29        0.29       0.25      Missed  -13
 Jun. 30 2021  0.23        0.23       0.30      Beat    31.4
 This summary was machine generated July 25 at 23:04 GMT.  All
figures in Canadian dollars  unless otherwise stated