Secure Energy Services Inc expected to post earnings of 14 cents a share - Earnings Preview

SECURE Waste Infrastructure

23/04/2024 16:16

* Secure Energy Services Inc  SES.TO   is expected to show a
fall
in quarterly revenue when it reports  results on April 25 for
the period ending March 31 2024
    * The Calgary Alberta-based  company is expected to report a
18.2% decrease in revenue to C$340.15 million from C$416 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Secure Energy Services
Inc is
for earnings of 14 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"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 Secure
Energy
Services Inc is C$13.00​, above​ its last closing price
of C$10.99. ​​​

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  0.18        0.19       0.20      Beat    6.7
 Sep. 30 2023  0.18        0.18       0.16      Missed  -11.1
 Jun. 30 2023  0.10        0.10       0.11      Beat    7.3​
 Mar. 31 2023  0.19        0.19       0.18      Missed  -5.3
 ​​Dec.        0.17        0.17       0.10      Missed  -41.2
 31 2022                                                
 Sep. 30 2022  0.17        0.15       0.19      Beat    31​
 Jun. 30 2022  0.05        0.06       0.17      Beat    193.1
 Mar. 31 2022  0.09        0.09       0.12      Beat    38.5
 This summary was machine generated April 23 at 15:16 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)