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

• Parkland Corp PKI.TO reported a quarterly adjusted loss of 17 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 48 cents. The mean expectation of eight analysts for the quarter was for earnings of 62 cents per share. Wall Street expected results to range from 40 cents to 92 cents per share.

• Revenue fell 13.1% to C$6.73 billion from a year ago; analysts expected C$7.60 billion.

• Parkland Corp's reported EPS for the quarter was a loss of 17 cents​.

• The company reported a quarterly loss of C$29 million.

• Parkland Corp shares had risen by 8.0% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 5.3% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 1 "hold" and no "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 Parkland Corp is C$48.00

This summary was machine generated from LSEG data March 6 at 02:19 a.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)