FY2024 EPS Estimates for Kolibri Global Energy Inc. (TSE:KEI) Decreased by Analyst

Kolibri Global Energy Inc. (TSE:KEI) – Investment analysts at Edison Inv. Res dropped their FY2024 earnings estimates for shares of Kolibri Global Energy in a report released on Wednesday, July 10th. Edison Inv. Res analyst A. Litvin now anticipates that the company will earn $0.94 per share for the year, down from their prior forecast of $1.04. The consensus estimate for Kolibri Global Energy’s current full-year earnings is $0.96 per share. Edison Inv. Res also issued estimates for Kolibri Global Energy’s FY2025 earnings at $0.97 EPS.

Kolibri Global Energy Stock Up 0.6 %

TSE:KEI opened at C$4.69 on Thursday. The company has a fifty day moving average of C$4.62 and a 200 day moving average of C$4.53. Kolibri Global Energy has a 52 week low of C$3.82 and a 52 week high of C$6.67. The firm has a market capitalization of C$167.10 million, a P/E ratio of 8.53 and a beta of 2.48.

Kolibri Global Energy (TSE:KEI) last posted its quarterly earnings results on Monday, May 13th. The company reported C$0.12 EPS for the quarter, missing analysts’ consensus estimates of C$0.15 by C($0.03). Kolibri Global Energy had a net margin of 29.11% and a return on equity of 8.87%. The firm had revenue of C$19.26 million for the quarter, compared to the consensus estimate of C$19.45 million.

About Kolibri Global Energy

Kolibri Global Energy Inc engages in the finding and exploiting oil, gas, and clean and sustainable energy in the United States. It sells crude oil, natural gas, and natural gas liquids. The company was formerly known as BNK Petroleum Inc and changed its name to Kolibri Global Energy Inc in November 2020.