Altus Group Ltd expected to post earnings of 57 cents a share - Earnings Preview

Altus

07/08/2024 03:42

* Altus Group Ltd  AIF.TO   is expected to show a rise in
quarterly revenue when it reports  results on August 8 for the
period ending June 30 2024
    * The Toronto Ontario-based  company is expected to report a
2.7% increase in revenue to C$210.672 million from C$205.21
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data. (SAL represents Total Revenue)
    * ​LSEG's mean analyst estimate for Altus Group Ltd is for
earnings of 57 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Altus Group
Ltd
is C$59.00​, above​ its last closing price of C$54.97. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.36        0.38       0.33      Missed  -13.7
 Dec. 31 2024  0.46        0.44       0.46      Beat    4.5
 Sep. 30 2023  0.48        0.48       0.33      Missed  -31.4​
 Jan. 1 0001   0.44        0.44       0.53      Beat    20.1
 ​​Jan.        0.39        0.40       0.33      Missed  -16.6
 1 0001                                                 
 Jan. 1 0001   0.50        0.50       0.44      Missed  -11.3​
 Sep. 30 2022  0.45        0.44       0.42      Missed  -5.2
 Jun. 30 2022  0.74        0.68       0.77      Beat    13.2
 This summary was machine generated August 7 at 02:42 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)