Gibson Energy Inc expected to post earnings of 35  cents a share - Earnings Preview

Gibson Energy

29/07/2023 24:57

* Gibson Energy Inc  GEI.TO   is expected to show a fall in
quarterly revenue when it reports  results on July 31. 
    * The Calgary Alberta-based  company is expected to report 
a
32.3% decrease in revenue to C$2.162 billion from C$3.2 billion
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Gibson Energy Inc
is for
earnings of 35 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 3
"hold" and 2 "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 Gibson
Energy Inc
is C$26​, above​ its last closing price of C$21.20. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.74        0.76       1.10      Beat    45.2
 Dec. 31 2023  0.76        0.72       0.48      Missed  -33.7
 Sep. 30 2022  0.79        0.70       1.40      Beat    100​
 Jun. 30 2022  0.55        0.58       0.11      Missed  -81.2
 ​​Mar.        0.63        0.65       2.04      Beat    213
 31 2022                                                
 Dec. 31 2021  0.52        0.53       0.02      Missed  -96.2​
 Sep. 30 2021  0.55        0.56       0.63      Beat    13.2
 Jun. 30 2021  0.46        0.51       0.51      Met     0
 This summary was machine generated July 28 at 23:57 GMT.  All
figures in Canadian dollars  unless otherwise stated