Westshore Terminals Investment Corp expected to post earnings of 36 cents a share - Earnings Preview

Westshore Terminals Investment

06/03/2024 21:02

* Westshore Terminals Investment Corp  WTE.TO   is expected
to show a rise in quarterly revenue when it reports  results on
March 8 (estimated) for the period ending December 31 2023
    * The Vancouver British Columbia-based  company is expected
to
report a 49.7% increase in revenue to C$81.4 million from
C$54.37 million a year ago, according to the mean estimate from
3 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Westshore Terminals
Investment
Corp is for earnings of 36 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Westshore
Terminals Investment Corp is C$27.00​, above​ its last closing
price of C$25.24. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.45        0.44       0.53      Beat    21.8
 Jun. 30 2023  0.44        0.45       0.45      Met     0.6
 Mar. 31 2023  0.43        0.43       0.53      Beat    22.7​
 Dec. 31 2022  0.20        0.24       0.02      Missed  -91.5
 ​​Sep.        0.29        0.31       0.24      Missed  -23.6
 30 2022                                                
 Jun. 30 2022  0.45        0.44       0.39      Missed  -11​
 Mar. 31 2022  0.40        0.40       0.41      Beat    2
 Dec. 31 2021  0.52        0.54       0.40      Missed  -25.4
 This summary was machine generated March 6 at 21:02 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)