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

Altus

10/08/2023 22:02

* Altus Group Ltd  AIF.TO  reported quarterly adjusted
earnings of
53 cents​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for earnings
of 44 cents per share.
    * Revenue fell 0.6% to C$205.21 million from a year ago;
analysts
expected C$193.54 million. 
    * Altus Group Ltd's reported EPS for the quarter was 26
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 fallen by 1.1% this quarter and
lost 19.6% so far this year.
    * The company reported quarterly net income of C$11.86
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 6 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 10 at 09:02 p.m. UTC. ​All figures in Canadian dollars
unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.44           0.53           Beat
 Mar. 31 2023      0.40           0.33           Missed
 Dec. 31 2022      0.50           0.44           Missed
 Sep. 30 2022      0.44           0.42           Missed