Paramount Resources Ltd expected to post earnings of 64 cents a share - Earnings Preview

Paramount Resources (Pre-Merger)

29/04/2024 15:02

* Paramount Resources Ltd  POU.TO   is expected to report
resultson May 1 (estimated) for the period ending March 31 2024
    * The Calgary Alberta-based  company is expected to report
revenue
of C$355 million, according to the estimate from one analyst,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Paramount Resources Ltd
is for
earnings of 64 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 5.8%
in the last three months. ​
    * Wall Street's median 12-month price target for Paramount
Resources Ltd is C$36.00​, above​ its last closing price
of C$31.98. ​​​

This summary was machine generated April 29 at 14:02 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)