APi Group Corp (APG, Financial) is set to release its Q3 2024 earnings on Oct 31, 2024. The consensus estimate for Q3 2024 revenue is $1.87 billion, and the earnings are expected to come in at $0.37 per share. The full year 2024's revenue is expected to be $7.12 billion and the earnings are expected to be $0.04 per share. More detailed estimate data can be found on the Forecast page.
APi Group Corp (APG, Financial) Estimates Trends
Over the past 90 days, revenue estimates for APi Group Corp (APG) have seen a decline for the full year 2024 from $7.23 billion to $7.12 billion, and for 2025 from $7.66 billion to $7.53 billion. Conversely, earnings estimates have shown an improvement, rising from -$0.19 to $0.04 per share for the full year 2024, and from $1.41 to $1.58 per share for 2025.
APi Group Corp (APG, Financial) Reported History
In the previous quarter of June 30, 2024, APi Group Corp's (APG) actual revenue was $1.73 billion, which missed analysts' revenue expectations of $1.79 billion by -3.34%. APi Group Corp's (APG) actual earnings were $0.22 per share, which missed analysts' earnings expectations of $0.31 per share by -29.03%. After releasing the results, APi Group Corp (APG) was down by -4.33% in one day.
APi Group Corp (APG, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 9 analysts, the average target price for APi Group Corp (APG) is $43.56 with a high estimate of $50 and a low estimate of $37. The average target implies an upside of 28.33% from the current price of $33.94.
Based on GuruFocus estimates, the estimated GF Value for APi Group Corp (APG, Financial) in one year is $29.02, suggesting a downside of -14.5% from the current price of $33.94.
Based on the consensus recommendation from 8 brokerage firms, APi Group Corp's (APG, Financial) average brokerage recommendation is currently 1.9, 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.
