Veren Inc expected to post earnings of 30 cents a share - Earnings Preview

Veren

25/02/2025 13:57

Veren Inc VRN.TO  is expected to show a rise in quarterly revenue when it reports  results on February 27 for the period ending December 31 2024

The Calgary Alberta-based  company is expected to report a 12.4% increase in revenue to C$968.467 million from C$861.4 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

‚ÄčLSEG's mean analyst estimate for Veren Inc is for earnings of 30 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ‚Äč

Wall Street's median 12-month price target for Veren Inc is C$11.00‚Äč, above‚Äč its last closing price of C$7.06. ‚Äč‚Äč‚Äč

Previous quarterly performance (using preferred earnings measure in Canadian dollars). ‚Äč

QUARTER ENDING
STARMINESMARTESTIMATE¬ģ
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
0.87
0.90
0.91
Beat
1.1
Jun. 30 2024
0.97
0.98
1.00
Beat
1.8
Mar. 31 2024
0.86
0.86
0.66
Missed
-23.7‚Äč
Dec. 31 2023
0.98
0.98
1.08
Beat
10.7
‚Äč‚ÄčSep. 30 2023
1.26
1.24
1.21
Missed
-2.7
Jun. 30 2023
0.96
1.01
0.84
Missed
-17.2‚Äč
Mar. 31 2023
0.93
0.94
0.86
Missed
-8.9
Dec. 31 2022
0.93
0.94
1.05
Beat
12

This summary was machine generated February 25 at 13:57 GMT.  All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)