Westshore Terminals Investment Corp expected to post earnings of 40  cents a share - Earnings Preview

Westshore Terminals Investment

04/05/2022 03:01

* Westshore Terminals Investment Corp  WTE.TO   is expected
to show a fall in quarterly revenue when it reports  results on
May 5 (estimated). 
    * The Vancouver British Columbia-based  company is expected
to
report  a 10.9% decrease in revenue to C$81.384 million from
C$91.33 million a year ago, according to the mean estimate from
5 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Westshore Terminals
Investment Corp is for earnings of 40 cents per share. For the
same quarter last year, the company reported earnings of 47
cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "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$30​, below​ its last closing
price of C$33.84. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in Canadian dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.52        0.54       0.40      Missed  -25.4
 Sep. 30 2021  0.40        0.40       0.45      Beat    12.5
 Jun. 30 2021  0.36        0.37       0.39      Beat    5.4​
 Mar. 31 2021  0.51        0.51       0.47      Missed  -7.8
 ​​Dec.        0.50        0.50       0.49      Missed  -2
 31 2020                                                
 Sep. 30 2020  0.42        0.43       0.50      Beat    15.6​
 Jun. 30 2020  0.50        0.50       0.53      Beat    7.1
 Mar. 31 2020  0.40        0.40       0.44      Beat    11.4
 This summary was machine generated May 4 at 02:01 GMT.  All
figures in Canadian dollars  unless otherwise stated