Gibson Energy Inc reports results for the quarter ended in March - Earnings Summary

Gibson Energy

01/05/2023 23:02

* Gibson Energy Inc  GEI.TO  reported quarterly adjusted
earnings
of 61 cents​​ per share for the quarter ended in March. The mean
expectation of seven analysts for the quarter was for earnings
of 43 cents per share.
    * Revenue fell 12% to C$2.37 billion from a year ago;
analysts
expected C$1.90 billion. 
    * Gibson Energy Inc's reported EPS for the quarter was 61
cents​.
    * The mean earnings estimate of analysts had risen by
about 8.5%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Gibson Energy Inc shares had risen by 6.4% this
quarter and
lost 2.7% so far this year.
    * The company reported quarterly net income of C$88.25
million.
    * Wall Street's median 12-month price target for Gibson
Energy Inc
is C$25.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 10
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
1 at 10:01 p.m. UTC. ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.76           0.61           Missed
 Dec. 31 2022      0.72           0.48           Missed
 Sep. 30 2022      0.70           1.40           Beat
 Jun. 30 2022      0.58           0.11           Missed