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

Advantage Energy

24/02/2023 17:56

* Advantage Energy Ltd  AAV.TO  reported quarterly adjusted
earnings of 61 cents​​ per share for the quarter ended in
December. The mean expectation of two analysts for the quarter
was for earnings of 38 cents per share.
    * Revenue rose 23.1% to C$196.05 million from a year ago. 
    * Advantage Energy Ltd's reported EPS for the quarter was 59
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.7%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Advantage Energy Ltd shares had fallen by 13.4% this
quarter.
    * The company reported quarterly net income of C$113.96
million.
    * Wall Street's median 12-month price target for Advantage
Energy
Ltd is C$14.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
24 at 05:55 p.m.  ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.70           0.55           Missed
 Sep. 30 2022      0.62           0.65           Beat
 Jun. 30 2022      0.77           0.83           Beat
 Mar. 31 2022      0.54           0.57           Beat