Athabasca Oil Corp expected to post earnings of 9 cents a share - Earnings Preview

Athabasca Oil

26/02/2024 22:58

* Athabasca Oil Corp  ATH.TO   is expected to show a rise in
quarterly revenue when it reports  results on February 28
(estimated) for the period ending December 31 2023
    * The Calgary Alberta-based  company is expected to report a
58.6% increase in revenue to C$448.13 million from C$282.52
million a year ago, according to the estimate from one analyst,
based on LSEG data. (Majority is on Total Revenue Basis.)
    * ​LSEG's mean analyst estimate for Athabasca Oil Corp is
for
earnings of 9 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "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 Athabasca
Oil
Corp is C$5.25​, above​ its last closing price of C$4.76. ​​​

This summary was machine generated February 26 at 22:58 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)