Secure Energy Services Inc reports results for the quarter ended in June - Earnings Summary

SECURE Waste Infrastructure

27/07/2023 15:16

* Secure Energy Services Inc  SES.TO  reported quarterly
adjusted
earnings of 11 cents​​ per share for the quarter ended in June.
The mean expectation of four analysts for the quarter was
for earnings of 10 cents per share.
    * Revenue fell 14.2% to C$1.78 billion from a year ago;
analysts
expected C$337.60 million. 
    * Secure Energy Services Inc's reported EPS for the quarter
was 11
cents​.
    * The mean earnings estimate of analysts had fallen by
about 21.2%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Secure Energy Services Inc shares had risen by 6.6% this
quarter and lost 3.8% so far this year.
    * The company reported quarterly net income of C$34 million.
    * Wall Street's median 12-month price target for Secure
Energy
Services Inc is C$8.75 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
27 at 02:16 p.m. UTC. ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.10           0.11           Beat
 Mar. 31 2023      0.19           0.18           Missed
 Dec. 31 2022      0.17           0.10           Missed
 Sep. 30 2022      0.15           0.19           Beat