Advantage Energy Ltd expected to post earnings of 20 cents a share - Earnings Preview

Advantage Energy

20/02/2024 24:26

* Advantage Energy Ltd  AAV.TO   is expected to show a fall
in
quarterly revenue when it reports  results on February 21
(estimated) for the period ending December 31 2023
    * The Calgary Alberta-based  company is expected to report a
22.9% decrease in revenue to C$151.15 million from C$196.05
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 20 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Advantage
Energy
Ltd is C$12.50​, above​ its last closing price of C$9.36. ​​​

This summary was machine generated February 20 at 00:26 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)