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AIF Altus News Story

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

* Altus Group Ltd  AIF.TO  reported quarterly adjusted
earnings of
44 cents​​ per share for the quarter ended in December. The mean
expectation of eight analysts for the quarter was for earnings
of 50 cents per share.
    * Revenue rose 12.8% to C$183.76 million from a year ago;
analysts
expected C$185.47 million. 
    * Altus Group Ltd's reported EPS for the quarter was a loss
of 15
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Altus Group Ltd shares had risen by 8.6% this quarter.
    * The company reported a quarterly loss of C$10.91 million.
    * Wall Street's median 12-month price target for Altus Group
Ltd
is C$65.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
23 at 11:26 p.m.  ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.50           0.44           Missed
 Sep. 30 2022      0.44           0.42           Missed
 Jun. 30 2022      0.68           0.77           Beat
 Mar. 31 2022      0.27           0.27           Met

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