Secure Energy Services Inc (TSX:SES, Financial) is set to release its Q3 2024 earnings on Oct 30, 2024. The consensus estimate for Q3 2024 revenue is $345.67 million, and the earnings are expected to come in at $0.22 per share. The full year 2024's revenue is expected to be $1.38 billion and the earnings are expected to be $1.90 per share. More detailed estimate data can be found on the Forecast page.
Secure Energy Services Inc (TSX:SES, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Secure Energy Services Inc (TSX:SES) for the full year 2024 have increased from $1.24 billion to $1.38 billion. For 2025, revenue estimates have risen from $1.26 billion to $1.43 billion. Earnings estimates have also seen an upward revision; for 2024, they have increased from $1.75 per share to $1.90 per share, and for 2025, from $0.77 per share to $0.83 per share.
Secure Energy Services Inc (TSX:SES, Financial) Reported History
In the previous quarter of March 31, 2024, Secure Energy Services Inc's (TSX:SES) actual revenue was $360 million, which beat analysts' revenue expectations of $340.15 million by 5.84%. Secure Energy Services Inc's (TSX:SES) actual earnings were $0.12 per share, which missed analysts' earnings expectations of $0.125 per share by -4%. After releasing the results, Secure Energy Services Inc (TSX:SES) was up by 4.43% in one day.
Secure Energy Services Inc (TSX:SES, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 10 analysts, the average target price for Secure Energy Services Inc (TSX:SES) is $15.83 with a high estimate of $20 and a low estimate of $14. The average target implies an upside of 16.45% from the current price of $13.59.
Based on GuruFocus estimates, the estimated GF Value for Secure Energy Services Inc (TSX:SES, Financial) in one year is $15.32, suggesting an upside of 12.73% from the current price of $13.59.
Based on the consensus recommendation from 10 brokerage firms, Secure Energy Services Inc's (TSX:SES, Financial) average brokerage recommendation is currently 2.1, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
