Canadian Natural Resources Ltd <CNQ.TO> expected to post earnings of 94 cents a share - Earnings Preview
Canadian Natural Resources Ltd CNQ.TO is expected to show a fall in quarterly revenue when it reports results on March 6 for the period ending December 31 2024
The Calgary Alberta-based company is expected to report a 4.1% decrease in revenue to C$9.157 billion from C$9.55 billion a year ago, according to the mean estimate from 5 analysts, based on LSEG data.
LSEG's mean analyst estimate for Canadian Natural Resources Ltd is for earnings of 94 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 9 "strong buy" or "buy," 12 "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 Canadian Natural Resources Ltd is C$56.00, above its last closing price of C$38.75.
Previous quarterly performance (using preferred earnings measure in Canadian dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 1.60 | 1.66 | 1.41 | Missed | -15.3 |
Jun. 30 2024 | 1.52 | 1.54 | 1.90 | Beat | 23.1 |
Mar. 31 2024 | 1.45 | 1.50 | 1.33 | Missed | -11.3 |
Dec. 31 2023 | 1.83 | 1.87 | 2.21 | Beat | 18.2 |
Sep. 30 2023 | 1.93 | 1.92 | 1.59 | Missed | -17.2 |
Jun. 30 2023 | 1.17 | 1.22 | 1.24 | Beat | 1.8 |
Mar. 31 2023 | 1.55 | 1.56 | 0.58 | Missed | -62.7 |
Dec. 31 2022 | 1.80 | 1.92 | 2.04 | Beat | 6.2 |
This summary was machine generated March 4 at 13:55 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)
Related Articles
Coca Cola (KO) Q4 Earnings Preview: Look for the Upside in the AI Initiatives, not in the Revenue and the EPS
Coca-Cola (KO) enters its fourth-quarter 2025 earnings call tomorrow with significant momentum. However, a fundamental shift is occurring.
Warsh’s Fed Era Signals a Death Knell for QE, Jolting the $30 Trillion Treasury Market
With Warsh’s nomination, his past proposals for governing the Federal Reserve are being brought to the forefront. A central issue is the formulation of a new "1951 Accord" to restructure the relationship between the Fed and the Treasury. Analysts suggest such a move could impact the $30 trillion Tre
Amazon Stock Predictions for 2026 to 2030: Will They Exceed Expectations and Achieve Major Long-Term Goals?
TradingKey - As we head into 2026, many investors are questioning where Amazon (AMZN) fits into the technology world.
A Crash After a Surge: Why Silver Lost 40% in a Week?
TradingKey - Spot silver (XAGUSD) prices continue to decline. Silver plunged 20% on Thursday, breaking below $71 per ounce, with the sell-off intensifying on Friday as prices fell further below $64. Compared to the all-time high set on January 29, silver prices have retraced more than 40%, wiping out nearly all gains accumulated over the previous month.
