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

Topaz Energy

30/10/2023 23:00

* Topaz Energy Corp  TPZ.TO  reported quarterly adjusted
earnings
of 7 cents​​ per share for the quarter ended in September. The
mean expectation of three analysts for the quarter was
for earnings of 9 cents per share.
    * Revenue rose 5% to C$85.77 million from a year ago. 
    * Topaz Energy Corp's reported EPS for the quarter was 7
cents​.
    * The mean earnings estimate of analysts had risen by
about 6.9%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Topaz Energy Corp shares had fallen by 1.7% this
quarter and
lost 0.3% so far this year.
    * The company reported quarterly net income of C$10.75
million.
    * Wall Street's median 12-month price target for Topaz
Energy Corp
is C$28.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 14 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 30 at 11:00 p.m. UTC. ​All figures in Canadian dollars
unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.50           0.42           Missed
 Jun. 30 2023      0.48           0.51           Beat
 Mar. 31 2023      0.53           0.59           Beat
 Dec. 31 2022      0.60           0.48           Missed