Altus Group Ltd <AIF.TO> expected to post earnings of 19 cents a share - Earnings Preview

• Altus Group Ltd AIF.TO is expected to show a fall in quarterly revenue when it reports results on May 8 for the period ending March 31 2025

• The Toronto Ontario-based company is expected to report a 35.6% decrease in revenue to C$128.43 million from C$199.54 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.The company's guidance on February 20 2025, for the period ended March 31, was for revenue of C$199.543 million.

• ​LSEG's mean analyst estimate for Altus Group Ltd is for earnings of 19 cents per share.

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell."

• The mean earnings estimate of analysts had fallen by about 0.5% in the last three months. ​

• Wall Street's median 12-month price target for Altus Group Ltd is C$60.00​, above​ its last closing price of C$51.46. ​​​

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

This summary was machine generated May 6 at 22:08 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)