Gibson Energy Inc reports results for the quarter ended December 31 - Earnings Summary

• Gibson Energy Inc GEI.TO reported a quarterly adjusted loss of 3 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 32 cents. The mean expectation of five analysts for the quarter was for earnings of 33 cents per share. Wall Street expected results to range from 31 cents to 34 cents per share.

• Revenue fell 16.1% to C$2.36 billion from a year ago; analysts expected C$3.37 billion.

• Gibson Energy Inc's reported EPS for the quarter was a loss of 3 cents​.

• The company reported a quarterly loss of C$5.56 million.

• Gibson Energy Inc shares had fallen by 3.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 6.4% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the oil & gas refining and marketing peer group is also "buy"

Wall Street's median 12-month price target for Gibson Energy Inc is C$26.50

This summary was machine generated from LSEG data February 19 at 04:47 p.m. UTC. ​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)