Imperial Petroleum Inc reports results for the quarter ended December 31 - Earnings Summary

Imperial Petroleum

13/02/2025 15:22

* Imperial Petroleum Inc  IMPP.OQ  reported quarterly
adjusted
earnings of 10 cents​​ per share for the quarter ended December
31.  The lone analyst forecast for the quarter was for earnings
of 26 cents per share. 
    * Revenue fell 12.3% to $26.21 million from a year ago;
analysts
expected $37.00 million. 
    * Imperial Petroleum Inc's reported EPS for the quarter was
10
cents​.
    * The company reported quarterly net income of $3.92
million.
    * Imperial Petroleum Inc shares had fallen by 2.3% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 10.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the renewable
fuels
peer group is also "buy"

Wall Street's median 12-month price target for Imperial
Petroleum Inc is $7.50 
This summary was machine generated from LSEG data February 13 at
03:21 p.m. UTC. ​All figures in US 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      0.26           0.10           Missed
 Sep. 30 2024      0.26           0.27           Beat
 Jun. 30 2024      0.42           0.56           Beat
 Mar. 31 2024      0.23           0.59           Beat