Topaz Energy Corp reports results for the quarter ended in March - Earnings Summary

Topaz Energy

01/05/2023 22:01

* Topaz Energy Corp  TPZ.TO  reported quarterly adjusted
earnings
of 5 cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for earnings of
12 cents per share.
    * Revenue fell 3.9% to C$78.19 million from a year ago. 
    * Topaz Energy Corp's reported EPS for the quarter was 5
cents​.
    * The mean earnings estimate of analysts had fallen by
about 16.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Topaz Energy Corp shares had risen by 1.6% this
quarter and
lost 8.1% so far this year.
    * The company reported quarterly net income of C$7.89
million.
    * Wall Street's median 12-month price target for Topaz
Energy Corp
is C$27.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 15 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
1 at 09:01 p.m. UTC. ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.53           0.59           Beat
 Dec. 31 2022      0.60           0.48           Missed
 Sep. 30 2022      0.54           0.69           Beat
 Jun. 30 2022      0.63           0.56           Missed