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

Tamarack Valley Energy

29/07/2022 12:30

* Tamarack Valley Energy Ltd  TVE.TO  reported quarterly
adjusted
earnings of 33 cents​​ per share for the quarter ended in June.
The lone analyst forecast for the quarter was for earnings of 23
cents per share.
    * Revenue rose 151.2% to C$328.94 million from a year ago. 
    * Tamarack Valley Energy Ltd's reported EPS for the quarter
was 33
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.6%
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 3.7% this
quarter and gained 16.6% so far this year.
    * The company reported quarterly net income of C$143.51
million.
    * Wall Street's median 12-month price target for Tamarack
Valley
Energy Ltd is C$7.75 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 29
at 11:30 a.m.  ​All figures in Canadian dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.46           0.49           Beat
 Mar. 31 2022      0.37           0.31           Missed
 Dec. 31 2021      0.29           0.29           Met
 Sep. 30 2021      0.24           0.24           Met