AltaGas Ltd <ALA.TO> expected to post earnings of C$1.13 a share - Earnings Preview
AltaGas Ltd ALA.TO is expected to show a fall in quarterly revenue when it reports results on May 1 for the period ending March 31 2025
The Calgary Alberta-based company is expected to report a 0.5% decrease in revenue to C$3.638 billion from C$3.66 billion a year ago, according to the estimate from one analyst, based on LSEG data.
LSEG's mean analyst estimate for AltaGas Ltd is for earnings of C$1.13 per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell."
The mean earnings estimate of analysts had fallen by about 1.4% in the last three months.
Wall Street's median 12-month price target for AltaGas Ltd is C$40.00, below its last closing price of C$40.41.
Previous quarterly performance (using preferred earnings measure in Canadian dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Dec. 31 2024 | 0.71 | 0.71 | 0.76 | Beat | 7.2 |
Sep. 30 2024 | 0.08 | 0.09 | 0.14 | Beat | 56.1 |
Jun. 30 2024 | 0.11 | 0.11 | 0.14 | Beat | 24.6 |
Mar. 31 2024 | 1.04 | 1.04 | 1.14 | Beat | 9.2 |
Dec. 31 2023 | 0.75 | 0.77 | 0.75 | Missed | -2.6 |
Sep. 30 2023 | 0.07 | 0.07 | 0.10 | Beat | 38.9 |
Jun. 30 2023 | 0.10 | 0.12 | 0.06 | Missed | -50.4 |
Mar. 31 2023 | 0.88 | 0.88 | 0.98 | Beat | 11.9 |
This summary was machine generated April 29 at 13:15 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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