Imperial Oil Ltd reports results for the quarter ended December 31 - Earnings Summary

Imperial Oil

31/01/2025 16:32

* Imperial Oil Ltd  IMO.TO  reported quarterly adjusted
earnings
of C$2.37​​ per share for the quarter ended December 31, lower
than the same quarter last year, when the company reported EPS
of C$2.47.  The mean expectation of nine analysts for the
quarter was for earnings of C$2.12 per share. Wall Street
expected results to range from C$1.93  to C$2.32 per share.
    * Revenue fell 3.8% to C$12.61 billion from a year ago;
analysts
expected C$17.33 billion. 
    * Imperial Oil Ltd's reported EPS for the quarter was
C$2.37​.
    * The company reported quarterly net income of C$1.23
billion.
    * Imperial Oil Ltd shares had risen by 16.8% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 6.8%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 15
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the oil & gas
refining
and marketing peer group is also "hold"

Wall Street's median 12-month price target for Imperial Oil Ltd
is C$100.50 
This summary was machine generated from LSEG data January 31 at
04:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      3.12           3.46           Beat
 Sep. 30 2024      2.98           2.80           Missed
 Jun. 30 2024      2.91           3.03           Beat
 Mar. 31 2024      2.98           2.00           Missed