Advantage Energy Ltd reports results for the quarter ended December 31 - Earnings Summary

Advantage Energy

05/03/2025 12:17

Advantage Energy Ltd AAV.TO reported quarterly adjusted earnings of 10 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 28 cents.  The mean expectation of three analysts for the quarter was for earnings of 15 cents per share. Wall Street expected results to range from 13 cents to 17 cents per share.

Revenue rose 17.3% to C$163.48 million from a year ago; analysts expected C$187.40 million.

Advantage Energy Ltd's reported EPS for the quarter was 10 cents​.

Advantage Energy Ltd shares had fallen by 2.3% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 9.2% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

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 average consensus recommendation for the oil & gas exploration and production peer group is also "buy"

Wall Street's median 12-month price target for Advantage Energy Ltd is C$13.50

This summary was machine generated from LSEG data March 5 at 12:17 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Dec. 31 2024
0.48
0.33
Missed
Sep. 30 2024
0.31
0.28
Missed
Jun. 30 2024
0.29
0.29
Met
Mar. 31 2024
0.46
0.41
Missed