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

Gibson Energy

30/10/2023 21:03

* Gibson Energy Inc  GEI.TO  reported quarterly adjusted
earnings
of 11 cents​​ per share for the quarter ended in September. The
mean expectation of six analysts for the quarter was
for earnings of 42 cents per share.
    * Revenue rose 21.6% to C$3.23 billion from a year ago;
analysts
expected C$2.71 billion. 
    * Gibson Energy Inc's reported EPS for the quarter was 11
cents​.
    * The mean earnings estimate of analysts was unchanged 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 7.8% this
quarter and
lost 11.4% so far this year.
    * The company reported quarterly net income of C$20.63
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 "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 30 at 09:02 p.m. UTC. ​All figures in Canadian dollars
unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.64           1.01           Beat
 Jun. 30 2023      0.66           0.49           Missed
 Mar. 31 2023      0.76           1.10           Beat
 Dec. 31 2022      0.72           0.48           Missed