Kolibri Global Energy Inc reports results for the quarter ended in June - Earnings Summary

Kolibri Global Energy

13/08/2024 23:49

* Kolibri Global Energy Inc  KEI.TO  reported quarterly
adjusted
earnings of 11 cents​​ per share for the quarter ended in June,
lower than the same quarter last year, when the company reported
EPS of 12 cents.  The lone analyst forecast for the quarter was
for earnings of 11 cents per share. 
    * Revenue rose 37.6% to $13.92 million from a year ago;
analysts
expected $14.30 million. 
    * Kolibri Global Energy Inc's reported EPS for the quarter
was 11
cents​.
    * The company reported quarterly net income of $4.06
million.
    * Kolibri Global Energy Inc shares had fallen by 8.2% this
quarter and lost 12.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 35.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

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 oil & gas
exploration and production peer group is also "buy"

Wall Street's median 12-month price target for Kolibri Global
Energy Inc is C$9.13 
This summary was machine generated from LSEG data August 13 at
10:49 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
 Jun. 30 2024      0.11           0.11           Met
 Mar. 31 2024      0.11           0.09           Missed
 Dec. 31 2023      0.12           0.14           Beat
 Sep. 30 2023      0.09           0.06           Missed