Parkland Corp expected to post earnings of 3 cents a share - Earnings Preview

Parkland

30/04/2024 01:50

* Parkland Corp  PKI.TO   is expected to show a fall in
quarterly
revenue when it reports  results on May 1 for the period ending
March 31 2024
    * The Calgary Alberta-based  company is expected to report a
1.4% decrease in revenue to C$8.038 billion from C$8.16 billion
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Parkland Corp is for
earnings
of 3 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 23.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Parkland
Corp is
C$53.50​, above​ its last closing price of C$43.05. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  2.37        2.27       2.34      Beat    3.1
 Jan. 1 2023   2.64        2.15       2.46      Beat    14.6
 Jun. 30 2023  3.04        2.51       2.93      Beat    16.7​
 Mar. 31 2023  2.95        2.95       1.77      Missed  -40
 ​​Dec.        3.89        3.89       3.64      Missed  -6.4
 31 2022                                                
 Sep. 30 2022  6.60        6.60       2.54      Missed  -61.5​
 Jun. 30 2022  3.06        2.64       2.17      Missed  -17.8
 Mar. 31 2022  2.59        1.77       -0.31     Missed  -117.5
 This summary was machine generated April 30 at 00:50 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)