Keyera Corp reports results for the quarter ended September 30 - Earnings Summary

Keyera

14/11/2024 21:00

* Keyera Corp  KEY.TO  reported quarterly adjusted earnings
of 82
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 35 cents.  The mean expectation of six analysts for the
quarter was for earnings of 94 cents per share. Wall Street
expected results to range from 58 cents to C$1.97 per share.
    * Revenue rose 34.2% to $1.96 billion from a year ago;
analysts
expected C$2.70 billion. 
    * Keyera Corp's reported EPS for the quarter was 81 cents​.
    * The company reported quarterly net income of C$184.63
million.
    * Keyera Corp shares had risen by 6.5% this quarter and
gained 40.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 13.6%
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 "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the oil & gas
refining
and marketing peer group is also "buy"

Wall Street's median 12-month price target for Keyera Corp is
45.00 
This summary was machine generated from LSEG data November 14 at
09:00 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
 Sep. 30 2024      0.85           1.22           Beat
 Jun. 30 2024      0.79           1.19           Beat
 Mar. 31 2024      0.92           1.74           Beat
 Dec. 31 2023      0.93           1.01           Beat