AltaGas Ltd expected to post earnings of C$1.13 a share - Earnings Preview

AltaGas

29/04/2025 14:15

AltaGas Ltd ALA.TO  is expected to show a fall in quarterly revenue when it reports  results on May 1 for the period ending March 31 2025

The Calgary Alberta-based  company is expected to report a 0.5% decrease in revenue to C$3.638 billion from C$3.66 billion a year ago, according to the estimate from one analyst, based on LSEG data.

‚ÄãLSEG's mean analyst estimate for AltaGas Ltd is for earnings of C$1.13 per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell."

The mean earnings estimate of analysts had fallen by about 1.4% in the last three months. ‚Äã

Wall Street's median 12-month price target for AltaGas Ltd is C$40.00‚Äã, below‚Äã its last closing price of C$40.41. ‚Äã‚Äã‚Äã

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

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
0.71
0.71
0.76
Beat
7.2
Sep. 30 2024
0.08
0.09
0.14
Beat
56.1
Jun. 30 2024
0.11
0.11
0.14
Beat
24.6‚Äã
Mar. 31 2024
1.04
1.04
1.14
Beat
9.2
‚Äã‚ÄãDec. 31 2023
0.75
0.77
0.75
Missed
-2.6
Sep. 30 2023
0.07
0.07
0.10
Beat
38.9‚Äã
Jun. 30 2023
0.10
0.12
0.06
Missed
-50.4
Mar. 31 2023
0.88
0.88
0.98
Beat
11.9

This summary was machine generated April 29 at 13:15 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)