Nuvista Energy Ltd expected to post earnings of 31 cents a share - Earnings Preview

NuVista Energy

03/05/2024 12:21

* Nuvista Energy Ltd  NVA.TO   is expected to show a fall in
quarterly revenue when it reports  results on May 7 (estimated)
for the period ending March 31 2024
    * The Calgary Alberta-based  company is expected to report a
29.3% decrease in revenue to C$276 million from C$390.16 million
a year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Nuvista Energy Ltd is
for
earnings of 31 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Nuvista
Energy
Ltd is C$15.00​, above​ its last closing price of C$12.61. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.84        0.88       0.98      Beat    11.6
 Sep. 30 2023  0.84        0.83       0.73      Missed  -11.8
 Jun. 30 2023  0.57        0.61       0.60      Missed  -2​
 Mar. 31 2023  0.84        0.80       0.37      Missed  -53.6
 ​​Dec.        1.13        1.13       1.25      Beat    10.6
 31 2022                                                
 Jan. 1 0001   0.98        0.97       0.97      Met     -0.4​
 Jun. 30 2022  0.77        0.84       0.95      Beat    13.8
 Mar. 31 2022  0.78        0.74       0.68      Missed  -7.7
 This summary was machine generated May 3 at 11:21 GMT.  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)