Ensign Energy Services Inc (TSX:ESI, Financial) is set to release its Q3 2024 earnings on Nov 1, 2024. The consensus estimate for Q3 2024 revenue is $434.68 million, and the earnings are expected to come in at $0.05 per share. The full year 2024's revenue is expected to be $1.70 billion and the earnings are expected to be $0.08 per share. More detailed estimate data can be found on the Forecast page.
Ensign Energy Services Inc (TSX:ESI, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Ensign Energy Services Inc (TSX:ESI) for the full year 2024 have increased from $1.67 billion to $1.70 billion, while the estimates for 2025 have declined from $1.76 billion to $1.73 billion. Earnings estimates have remained steady at $0.08 per share for the full year 2024 and have decreased from $0.37 per share to $0.30 per share for 2025.
Ensign Energy Services Inc (TSX:ESI, Financial) Reported History
In the previous quarter of June 30, 2024, Ensign Energy Services Inc's (TSX:ESI) actual revenue was $391.79 million, which beat analysts' revenue expectations of $386.47 million by 1.38%. Ensign Energy Services Inc's (TSX:ESI) actual earnings were -$0.02 per share, which beat analysts' earnings expectations of -$0.04 per share by 50%. After releasing the results, Ensign Energy Services Inc (TSX:ESI) was down by -6.72% in one day.
Ensign Energy Services Inc (TSX:ESI, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 6 analysts, the average target price for Ensign Energy Services Inc (TSX:ESI) is $3.54 with a high estimate of $4.50 and a low estimate of $3.00. The average target implies an upside of 26.49% from the current price of $2.80.
Based on GuruFocus estimates, the estimated GF Value for Ensign Energy Services Inc (TSX:ESI, Financial) in one year is $3.05, suggesting an upside of 8.93% from the current price of $2.80.
Based on the consensus recommendation from 6 brokerage firms, Ensign Energy Services Inc's (TSX:ESI, Financial) average brokerage recommendation is currently 2.3, 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.
