Lycos Energy Inc. (CVE:LCX - Free Report) - Investment analysts at Atb Cap Markets dropped their FY2024 earnings per share estimates for Lycos Energy in a research note issued to investors on Tuesday, November 19th. Atb Cap Markets analyst A. Arif now anticipates that the company will earn $0.31 per share for the year, down from their previous forecast of $0.42. The consensus estimate for Lycos Energy's current full-year earnings is $0.50 per share. Atb Cap Markets also issued estimates for Lycos Energy's FY2025 earnings at $0.53 EPS.
Lycos Energy (CVE:LCX - Get Free Report) last posted its quarterly earnings results on Thursday, August 22nd. The company reported C$0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.12 by C$0.07. Lycos Energy had a return on equity of 7.16% and a net margin of 9.90%. The business had revenue of C$39.72 million for the quarter, compared to analyst estimates of C$40.50 million.
Separately, National Bankshares decreased their price objective on shares of Lycos Energy from C$9.00 to C$7.50 in a research report on Friday, September 27th.
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Lycos Energy Price Performance
Shares of CVE LCX opened at C$2.73 on Thursday. The firm's fifty day moving average is C$2.84 and its 200 day moving average is C$3.15. Lycos Energy has a 52 week low of C$2.40 and a 52 week high of C$3.83. The company has a market cap of C$145.26 million and a price-to-earnings ratio of 14.37.
Lycos Energy Company Profile
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Lycos Energy Inc, a junior resource company, engages in the development and production of petroleum and natural gas in Western Canada. The company operates heavy-oil development assets in the Gull Lake area of southwest Saskatchewan and heavy-oil assets in the Lloydminster area. Lycos Energy Inc is headquartered in Calgary, Canada.
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