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

Advantage Energy

28/10/2022 24:10

* Advantage Energy Ltd  AAV.TO  reported quarterly adjusted
earnings of 22 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for earnings of 28 cents per share.
    * Revenue rose 65.3% to C$208.79 million from a year ago. 
    * Advantage Energy Ltd's reported EPS for the quarter was 22
cents​.
    * The mean earnings estimate of analysts had fallen by
about 11%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Advantage Energy Ltd shares had risen by 1.8% this
quarter and
gained 36.4% so far this year.
    * The company reported quarterly net income of C$40.79
million.
    * Wall Street's median 12-month price target for Advantage
Energy
Ltd is C$14.63 
    * 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 October
27 at 11:10 p.m.  ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.38           0.35           Missed