Tamarack Valley Energy Ltd reports results for the quarter ended in December - Earnings Summary

Tamarack Valley Energy

02/03/2023 15:37

* Tamarack Valley Energy Ltd  TVE.TO  reported quarterly
adjusted
earnings of 9 cents​​ per share for the quarter ended in
December. The lone analyst forecast for the quarter was
for earnings of 16 cents per share.
    * Revenue rose 61.6% to C$336.06 million from a year ago. 
    * Tamarack Valley Energy Ltd's reported EPS for the quarter
was 9
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.3%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Tamarack Valley Energy Ltd shares had risen by 0.4% this
quarter.
    * The company reported quarterly net income of C$50.44
million.
    * Wall Street's median 12-month price target for Tamarack
Valley
Energy Ltd is C$6.25 
    * 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." 

This summary was machine generated from Refinitiv data March 2
at 03:37 p.m.  ​All figures in Canadian dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.43           0.42           Missed
 Sep. 30 2022      0.36           0.51           Beat
 Jun. 30 2022      0.46           0.49           Beat
 Mar. 31 2022      0.37           0.31           Missed