Altus Group Ltd expected to post earnings of 68  cents a share - Earnings Preview

Altus

10/08/2022 02:20

* Altus Group Ltd  AIF.TO   is expected to show a rise in
quarterly revenue when it reports  results on August 11. 
    * The Toronto Ontario-based  company is expected to report 
a
15.7% increase in revenue to C$200.771 million from C$173.52
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Altus Group Ltd is
for
earnings of 68 cents per share. For the same quarter last year,
the company reported earnings of 75 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"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$65​, above​ its last closing price of C$52.50. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in Canadian dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.26        0.27       0.27      Met     -0.5
 Dec. 31 2022  0.35        0.35       0.42      Beat    19.4
 Sep. 30 2021  0.32        0.35       0.39      Beat    12.8​
 Jun. 30 2021  0.66        0.69       0.75      Beat    9.1
 ​​Mar.        0.33        0.33       0.34      Beat    2.6
 31 2021                                                
 Dec. 31 2020  0.39        0.37       0.44      Beat    19.3​
 Sep. 30 2020  0.33        0.34       0.40      Beat    18.5
 Jun. 30 2020  0.43        0.44       0.62      Beat    42.1
 This summary was machine generated August 10 at 01:20 GMT.  All
figures in Canadian dollars  unless otherwise stated