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

Altus

12/08/2022 03:59

* Altus Group Ltd  AIF.TO  reported quarterly adjusted
earnings of
77 cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for earnings of
68 cents per share.
    * Revenue rose 19% to C$206.41 million from a year ago;
analysts
expected C$200.77 million. 
    * Altus Group Ltd's reported EPS for the quarter was 28
cents​.
    * The mean earnings estimate of analysts was unchanged 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 20.2% this quarter and
lost 24.5% so far this year.
    * The company reported quarterly net income of C$12.5
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," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 12
at 02:58 a.m.  ​All figures in Canadian dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.68           0.77           Beat
 Mar. 31 2022      0.27           0.27           Met
 Dec. 31 2021      0.35           0.42           Beat
 Sep. 30 2021      0.35           0.39           Beat