ARC Resources Ltd expected to post earnings of 55 cents a share - Earnings Preview

ARC Resources

04/02/2025 11:17

* ARC Resources Ltd  ARX.TO   is expected to show a fall in
quarterly revenue when it reports  results on February 6
(estimated) for the period ending December 31 2024
    * The Calgary Alberta-based  company is expected to report a
0.6% decrease in revenue to C$1.384 billion from C$1.39 billion
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for ARC Resources Ltd is for
earnings of 55 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 17 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for ARC
Resources Ltd
is C$32.50​, above​ its last closing price of C$24.89. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.89        0.91       0.88      Missed  -3.3
 Jun. 30 2024  0.84        0.87       0.91      Beat    5
 Mar. 31 2024  0.98        0.99       1.06      Beat    7​
 Dec. 31 2023  1.06        1.09       1.16      Beat    6.8
 ​​Sep.        1.07        1.08       0.99      Missed  -8.5
 30 2023                                                
 Jun. 30 2023  0.88        0.92       0.90      Missed  -1.9​
 Mar. 31 2023  1.11        1.15       0.87      Missed  -24.2
 Dec. 31 2022  1.49        1.48       1.39      Missed  -6
 This summary was machine generated February 4 at 11:17 GMT.  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)