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

Advantage Energy

27/10/2023 01:17

* Advantage Energy Ltd  AAV.TO  reported quarterly adjusted
earnings of 16 cents​​ per share for the quarter ended in
September. The mean expectation of five analysts for the quarter
was for earnings of 16 cents per share.
    * Revenue fell 35.9% to C$133.87 million from a year ago;
analysts
expected C$147.20 million. 
    * Advantage Energy Ltd's reported EPS for the quarter was 16
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Advantage Energy Ltd shares had risen by 2.5% this
quarter and
gained 0.3% so far this year.
    * The company reported quarterly net income of C$28.31
million.
    * Wall Street's median 12-month price target for Advantage
Energy
Ltd is C$11.93 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 27 at 12:16 a.m. UTC. ​All figures in Canadian dollars
unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.46           0.52           Beat
 Jun. 30 2023      0.34           0.30           Missed
 Mar. 31 2023      0.63           0.63           Met
 Dec. 31 2022      0.70           0.55           Missed