Cenovus Energy Inc <CVE.TO> expected to post earnings of 26 cents a share - Earnings Preview
Cenovus Energy Inc CVE.TO is expected to show a rise in quarterly revenue when it reports results on February 20 for the period ending December 31 2024
The Calgary Alberta-based company is expected to report a 7.8% increase in revenue to C$14.164 billion from C$13.13 billion a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
LSEG's mean analyst estimate for Cenovus Energy Inc is for earnings of 26 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 18 "strong buy" or "buy," no "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 Cenovus Energy Inc is C$30.00, above its last closing price of C$21.68.
Previous quarterly performance (using preferred earnings measure in Canadian dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 1.13 | 1.11 | 1.33 | Beat | 19.5 |
Jun. 30 2024 | 1.32 | 1.33 | 1.50 | Beat | 13 |
Mar. 31 2024 | 1.13 | 1.13 | 1.02 | Missed | -9.9 |
Dec. 31 2023 | 1.00 | 1.11 | 1.56 | Beat | 40.1 |
Sep. 30 2023 | 1.61 | 1.57 | 1.51 | Missed | -3.9 |
Jun. 30 2023 | 1.00 | 1.04 | 1.02 | Missed | -1.8 |
Mar. 31 2023 | 0.78 | 0.88 | -0.15 | Missed | -117.1 |
Dec. 31 2022 | 1.32 | 1.49 | 1.51 | Beat | 1.5 |
This summary was machine generated February 18 at 14:15 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)
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