Ovintiv Inc expected to post earnings of $1.16 a share - Earnings Preview
24/02/2025 21:59
* Ovintiv Inc OVV.N OVV is expected to show a fall in
quarterly revenue when it reports results on February 26 for
the period ending December 31 2024
* The Denver Colorado-based company is expected to report a
32.4% decrease in revenue to $2.139 billion from $3.17 billion a
year ago, according to the mean estimate from 10 analysts, based
on LSEG data.
* LSEG's mean analyst estimate for Ovintiv Inc is for
earnings of
$1.16 per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 17 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in
the last
three months.
* Wall Street's median 12-month price target for Ovintiv Inc
is
$59.00, above its last closing price of $43.50.
The company's guidance on November 8 2024 for the period ended
December 31 was for Capital Expenditures of USD550 million.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Sep. 30 2024 1.13 1.14 1.85 Beat 62.4
Jun. 30 2024 1.30 1.31 1.23 Missed -6
Mar. 31 2024 1.37 1.36 1.43 Beat 4.8
Dec. 31 2023 1.92 1.95 2.35 Beat 20.5
Sep. 1.77 1.75 1.74 Missed -0.4
30 2023
Jun. 30 2023 0.81 0.82 0.93 Beat 13.4
Mar. 31 2023 1.83 1.84 1.81 Missed -1.5
Dec. 31 2022 1.81 1.87 0.91 Missed -51.3
This summary was machine generated February 24 at 21:59 GMT.
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)