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

Westshore Terminals Investment

11/03/2024 21:01

* Westshore Terminals Investment Corp  WTE.TO  reported
quarterly
adjusted earnings of 36 cents​​ per share for the quarter ended
in December, higher than the same quarter last year, when the
company reported EPS of 2 cents.  The mean expectation of
four analysts for the quarter was for earnings of 36 cents per
share. Wall Street expected results to range from 33 cents to 40
cents per share.
    * Revenue rose 74.5% to C$94.86 million from a year ago;
analysts
expected C$81.40 million. 
    * Westshore Terminals Investment Corp's reported EPS for the
quarter was 36 cents​.
    * The company reported quarterly net income of C$22.28
million.
    * Westshore Terminals Investment Corp shares had fallen
by 7.5%
this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the marine port
services peer group is also "hold"

Wall Street's median 12-month price target for Westshore
Terminals Investment Corp is C$27.00 
This summary was machine generated from LSEG data March 11 at
09:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.36           0.36           Met
 Sep. 30 2023      0.44           0.53           Beat
 Jun. 30 2023      0.45           0.45           Met
 Mar. 31 2023      0.43           0.53           Beat