International Petroleum Corp reports results for the quarter ended December 31 - Earnings Summary

• International Petroleum Corp IPCOR.ST reported quarterly adjusted earnings of 1 cent​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 22 cents. The mean expectation of six analysts for the quarter was for earnings of 27 cents per share. Wall Street expected results to range from 14 cents to 56 cents per share.

• Revenue rose 0.3% to $199.12 million from a year ago; analysts expected $208.05 million.

• International Petroleum Corp's reported EPS for the quarter was 1 cent​.

• The company reported quarterly net income of $414 thousand.

• International Petroleum Corp shares had risen by 17.8% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.9% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the oil & gas exploration and production peer group is also "hold"

Wall Street's median 12-month price target for International Petroleum Corp is C$21.00

This summary was machine generated from LSEG data February 11 at 07:30 a.m. UTC. ​All figures in US 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)