Altus Group Ltd reports results for the quarter ended December 31 - Earnings Summary

Altus

21/02/2025 04:17

* Altus Group Ltd  AIF.TO  reported quarterly adjusted
earnings of
85 cents​​ per share for the quarter ended December 31, higher
than the same quarter last year, when the company reported EPS
of 46 cents.  The mean expectation of six analysts for the
quarter was for earnings of 36 cents per share. Wall Street
expected results to range from 30 cents to 41 cents per share.
    * Revenue fell 29.3% to C$135.50 million from a year ago;
analysts
expected C$134.58 million. 
    * Altus Group Ltd's reported EPS for the quarter was 22
cents​.
    * The company reported quarterly net income of C$12.22
million.
    * Altus Group Ltd shares had risen by 1.8% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the real estate
services peer group is also "hold"

Wall Street's median 12-month price target for Altus Group Ltd
is C$60.00 
This summary was machine generated from LSEG data February 21 at
04:16 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.36           0.85           Beat
 Sep. 30 2024      0.26           0.19           Missed
 Jun. 30 2024      0.53           0.45           Missed
 Mar. 31 2024      0.38           0.33           Missed