Q3 2024 EPS Estimates for Advantage Energy Ltd. (OTCMKTS:AAVVF) Decreased by Analyst

Advantage Energy Ltd. (OTCMKTS:AAVVF) – Equities researchers at Atb Cap Markets decreased their Q3 2024 EPS estimates for Advantage Energy in a report released on Thursday, October 10th. Atb Cap Markets analyst A. Arif now anticipates that the company will post earnings of $0.02 per share for the quarter, down from their prior estimate of $0.04. The consensus estimate for Advantage Energy’s current full-year earnings is $0.36 per share. Atb Cap Markets also issued estimates for Advantage Energy’s Q4 2024 earnings at $0.24 EPS, FY2024 earnings at $0.31 EPS, Q1 2025 earnings at $0.28 EPS, Q2 2025 earnings at $0.25 EPS, Q3 2025 earnings at $0.27 EPS, Q4 2025 earnings at $0.33 EPS, FY2025 earnings at $1.14 EPS, FY2026 earnings at $1.08 EPS and FY2027 earnings at $1.02 EPS.

Separately, National Bank Financial cut Advantage Energy from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 8th.

Advantage Energy Trading Down 3.1 %

Shares of OTCMKTS:AAVVF opened at $6.62 on Monday. The business’s 50-day moving average is $6.87 and its 200 day moving average is $7.37. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.76 and a quick ratio of 0.76. Advantage Energy has a 1 year low of $5.90 and a 1 year high of $8.58. The firm has a market capitalization of $1.11 billion, a P/E ratio of 15.76 and a beta of 1.61.

Advantage Energy (OTCMKTS:AAVVF) last announced its earnings results on Thursday, July 25th. The company reported ($0.05) earnings per share (EPS) for the quarter. The company had revenue of $73.57 million for the quarter. Advantage Energy had a net margin of 15.40% and a return on equity of 5.13%.

About Advantage Energy

Advantage Energy Ltd., together with its subsidiaries, engages in the acquisition, exploitation, development, and production natural gas, crude oil, and natural gas liquids (NGLs) in the Province of Alberta, Canada. Its assets are located approximately 4 to 80 km northwest of the city of Grande Prairie, Alberta.