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

Altus

10/11/2022 22:48

* Altus Group Ltd  AIF.TO  reported quarterly adjusted
earnings of
42 cents​​ per share for the quarter ended in September. The
mean expectation of seven analysts for the quarter was
for earnings of 44 cents per share.
    * Revenue fell 98.3% to C$2.63 million from a year ago;
analysts
expected C$183.27 million. 
    * Altus Group Ltd's reported EPS for the quarter was 15
cents​.
    * The mean earnings estimate of analysts had risen by
about 3% in
the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Altus Group Ltd shares had risen by 6.4% this quarter and
lost 32.9% so far this year.
    * The company reported quarterly net income of C$6.83
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," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
10 at 10:48 p.m.  ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.35           0.42           Beat