Imperial Oil Ltd reports results for the quarter ended June 30 - Earnings Summary

Imperial Oil

01/08/2025 23:06

Imperial Oil Ltd IMO.TO reported quarterly adjusted earnings of C$1.86​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of C$2.11.  The mean expectation of eight analysts for the quarter was for earnings of C$1.64 per share. Wall Street expected results to range from C$1.47  to C$1.81 per share.

Revenue fell 16.1% to C$11.23 billion from a year ago; analysts expected C$12.21 billion.

Imperial Oil Ltd's reported EPS for the quarter was C$1.86​.

The company reported quarterly net income of C$949 million.

Imperial Oil Ltd shares had risen by 6.8% this quarter and gained 30.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 18.8% 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," 11 "hold" and 4 "sell" or "strong sell." The average consensus recommendation for the oil & gas refining and marketing peer group is  "buy."

Wall Street's median 12-month price target for Imperial Oil Ltd is C$107.00, about 7.4% below its last closing price of C$114.90

This summary was machine generated from LSEG data August 1 at 10:06 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
Jun. 30 2025
2.60
2.87
Beat
Mar. 31 2025
3.09
2.99
Missed
Dec. 31 2024
3.12
3.46
Beat
Sep. 30 2024
2.98
2.80
Missed