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Suncor Energy Inc <SU.TO> expected to post earnings of C$1.10 a share - Earnings Preview

ReutersFeb 4, 2025 12:02 AM
  • Suncor Energy Inc SU.TO is expected to show a fall in quarterly revenue when it reports results on February 6 for the period ending December 31 2024

  • The Calgary Alberta-based company is expected to report a 5.0% decrease in revenue to C$13.437 billion from C$14.14 billion a year ago, according to the mean estimate from 4 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Suncor Energy Inc is for earnings of C$1.10 per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 9 "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 Suncor Energy Inc is C$62.00​, above​ its last closing price of C$54.73. ​​​

Previous quarterly performance (using preferred earnings measure in Canadian dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

2.39

2.47

3.36

Beat

35.8

Jun. 30 2024

2.32

2.38

2.98

Beat

25.1

Mar. 31 2024

2.41

2.41

2.16

Missed

-10.3​

Dec. 31 2023

2.54

2.59

3.33

Beat

28.6

​​Sep. 30 2023

2.58

2.60

3.22

Beat

23.9

Jun. 30 2023

2.02

2.10

2.14

Beat

2.1​

Mar. 31 2023

2.28

2.30

0.78

Missed

-66.1

Dec. 31 2022

3.00

2.99

2.91

Missed

-2.7

This summary was machine generated February 4 at 00:02 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)

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

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