Advantage Energy Ltd expected to post earnings of 5 cents a share - Earnings Preview

Advantage Energy

22/10/2024 15:11

* Advantage Energy Ltd  AAV.TO   is expected to show a rise
in
quarterly revenue when it reports  results on October 24 for the
period ending September 30 2024
    * The Calgary Alberta-based  company is expected to report a
12.0% increase in revenue to $149.9 million from $133.87 million
a year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Advantage Energy Ltd is
for
earnings of 5 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 3.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Advantage
Energy
Ltd is 12.75​, above​ its last closing price of C$9.18. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.27        0.29       0.29      Met     0
 Mar. 31 2024  0.43        0.46       0.41      Missed  -10.1
 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.        0.32        0.34       0.30      Missed  -10.4
 30 2023                                                
 Mar. 31 2023  0.61        0.63       0.63      Met     -0.3​
 Dec. 31 2022  0.69        0.70       0.55      Missed  -21.3
 Sep. 30 2022  0.55        0.62       0.65      Beat    4.5
 This summary was machine generated October 22 at 14:11 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)