Keyera Corp reports results for the quarter ended in December - Earnings Summary

Keyera

14/02/2024 19:30

* Keyera Corp  KEY.TO  reported quarterly adjusted earnings
of 21
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of -37
cents.  The mean expectation of six analysts for the quarter was
for earnings of 53 cents per share. Wall Street expected
results to range from 46 cents to 59 cents per share.
    * Revenue rose 29.7% to C$2.30 billion from a year ago;
analysts
expected C$1.60 billion. 
    * Keyera Corp's reported EPS for the quarter was 21 cents​.
    * The company reported quarterly net income of C$49.19
million.
    * Keyera Corp shares had risen by 0.5% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 5% in
the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Keyera Corp
is
C$35.00 

This summary was machine generated from LSEG data February 14 at
07:28 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 2023      0.93           1.01           Beat
 Sep. 30 2023      0.83           0.86           Beat
 Jun. 30 2023      0.92           1.03           Beat
 Mar. 31 2023      0.94           1.36           Beat