Canadian Natural Resources Ltd <CNQ.TO> expected to post earnings of C$1.07 a share - Earnings Preview
Canadian Natural Resources Ltd CNQ.TO is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2025
The Calgary Alberta-based company is expected to report a 17.6% increase in revenue to C$9.692 billion from C$8.24 billion a year ago, according to the mean estimate from 4 analysts, based on LSEG data.
LSEG's mean analyst estimate for Canadian Natural Resources Ltd is for earnings of C$1.07 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 no "sell" or "strong sell."
The mean earnings estimate of analysts had fallen by about 1.5% in the last three months.
Wall Street's median 12-month price target for Canadian Natural Resources Ltd is C$49.00, above its last closing price of $28.01.
Previous quarterly performance (using preferred earnings measure in Canadian dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Dec. 31 2024 | 0.91 | 0.92 | 0.93 | Beat | 1.5 |
Sep. 30 2024 | 0.88 | 0.89 | 0.97 | Beat | 8.6 |
Jun. 30 2024 | 0.79 | 0.81 | 0.88 | Beat | 9 |
Mar. 31 2024 | 0.70 | 0.73 | 0.69 | Missed | -6 |
Dec. 31 2023 | 1.07 | 1.08 | 1.17 | Beat | 8.3 |
Sep. 30 2023 | 1.19 | 1.18 | 1.30 | Beat | 10 |
Jun. 30 2023 | 0.54 | 0.53 | 0.57 | Beat | 7.8 |
Mar. 31 2023 | 0.84 | 0.84 | 0.85 | Beat | 0.5 |
This summary was machine generated May 6 at 13:01 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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