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

Westshore Terminals Investment

06/05/2023 12:00

* Westshore Terminals Investment Corp  WTE.TO  reported
quarterly
adjusted earnings of 53 cents​​ per share for the quarter ended
in March. The mean expectation of five analysts for the quarter
was for earnings of 43 cents per share.
    * Revenue rose 9.6% to C$96.72 million from a year ago;
analysts
expected C$90.79 million. 
    * Westshore Terminals Investment Corp's reported EPS for the
quarter was 53 cents​.
    * The mean earnings estimate of analysts had risen by
about 38.2%
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 fallen
by 1.8%
this quarter and gained 18.3% so far this year.
    * The company reported quarterly net income of C$32.9
million.
    * Wall Street's median 12-month price target for Westshore
Terminals Investment Corp is C$27.50 
    * 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 May
6 at 11:00 a.m. UTC. ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.43           0.53           Beat
 Dec. 31 2022      0.24           0.02           Missed
 Sep. 30 2022      0.31           0.24           Missed
 Jun. 30 2022      0.44           0.39           Missed