Westshore Terminals Investment Corp reports results for the quarter ended in December - Earnings Summary

Westshore Terminals Investment

10/03/2023 23:26

* Westshore Terminals Investment Corp  WTE.TO  reported
quarterly
adjusted earnings of 2 cents​​ per share for the quarter ended
in December. The mean expectation of five analysts for the
quarter was for earnings of 24 cents per share.
    * Revenue fell 35.8% to C$54.37 million from a year ago;
analysts
expected C$64.44 million. 
    * Westshore Terminals Investment Corp's reported EPS for the
quarter was 2 cents​.
    * The mean earnings estimate of analysts had fallen by
about 15.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Westshore Terminals Investment Corp shares had risen
by 8.2%
this quarter.
    * The company reported quarterly net income of C$1.25
million.
    * Wall Street's median 12-month price target for Westshore
Terminals Investment Corp is C$27.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
March 10 at 11:26 p.m. UTC. ​All figures in Canadian dollars
unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.24           0.02           Missed
 Sep. 30 2022      0.31           0.24           Missed
 Jun. 30 2022      0.44           0.39           Missed
 Mar. 31 2022      0.40           0.41           Beat