AltaGas Ltd expected to post earnings of 23 cents a share - Earnings Preview

AltaGas

30/07/2025 14:27

AltaGas Ltd ALA.TO  is expected to  show a rise in quarterly revenue when it reports  results on August 1 for the period ending June 30 2025

The Calgary Alberta-based  company is expected to report a 5.7% increase in revenue to C$2.933 billion from C$2.78 billion a year ago, according to the estimate from one analyst, based on LSEG data.

‚ÄčLSEG's mean analyst estimate for AltaGas Ltd is for earnings of 23 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ‚Äč

Wall Street's median 12-month price target for AltaGas Ltd is C$43.00, about 5.5% above its last closing price of C$40.65

Previous quarterly performance (using preferred earnings measure in Canadian dollars). ‚Äč

QUARTER ENDING
STARMINESMARTESTIMATE¬ģ
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Mar. 31 2025
1.14
1.13
1.14
Beat
0.5
Dec. 31 2025
0.71
0.71
0.76
Beat
7.2
Sep. 30 2024
0.08
0.09
0.14
Beat
56.1‚Äč
Jun. 30 2024
0.11
0.11
0.14
Beat
24.6
‚Äč‚ÄčMar. 31 2024
1.04
1.04
1.14
Beat
9.2
Dec. 31 2023
0.75
0.77
0.75
Missed
-2.6‚Äč
Sep. 30 2023
0.07
0.07
0.10
Beat
38.9
Jun. 30 2023
0.10
0.12
0.06
Missed
-50.4

This summary was machine generated July 30 at 13:27 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)