Gibson Energy Inc expected to post earnings of 43 cents a share - Earnings Preview

Gibson Energy

16/02/2024 21:03

* Gibson Energy Inc  GEI.TO   is expected to show a rise in
quarterly revenue when it reports  results on February 20 for
the period ending December 31 2023
    * The Calgary Alberta-based  company is expected to report a
33.2% increase in revenue to C$3.328 billion from C$2.5 billion
a year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Gibson Energy Inc is for
earnings of 43 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 2
"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 Gibson
Energy Inc
is C$25.00​, above​ its last closing price of C$20.82. ​​​

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 2023  0.63        0.64       1.01      Beat    59.1
 Jun. 30 2023  0.67        0.66       0.49      Missed  -25.6
 Mar. 31 2023  0.74        0.76       1.10      Beat    45.2​
 Dec. 31 2022  0.76        0.72       0.48      Missed  -33.7
 ​​Sep.        0.79        0.70       1.40      Beat    100
 30 2022                                                
 Jun. 30 2022  0.55        0.58       0.11      Missed  -81.2​
 Mar. 31 2022  0.63        0.65       2.04      Beat    213
 Dec. 31 2021  0.52        0.53       0.02      Missed  -96.2
 This summary was machine generated February 16 at 21:03 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)