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FY2024 EPS Estimate for Journey Energy Lowered by Analyst

Journey Energy logo with Energy background
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Journey Energy Inc. (TSE:JOY - Free Report) - Investment analysts at Ventum Cap Mkts lowered their FY2024 earnings estimates for shares of Journey Energy in a note issued to investors on Wednesday, March 12th. Ventum Cap Mkts analyst A. Gill now forecasts that the company will post earnings per share of $0.08 for the year, down from their previous estimate of $0.11. The consensus estimate for Journey Energy's current full-year earnings is $0.26 per share. Ventum Cap Mkts also issued estimates for Journey Energy's Q4 2024 earnings at $0.05 EPS, Q3 2025 earnings at $0.03 EPS, Q4 2025 earnings at $0.04 EPS, FY2025 earnings at $0.09 EPS and FY2026 earnings at $0.22 EPS.

Journey Energy Stock Up 1.3 %

JOY stock opened at C$1.55 on Thursday. Journey Energy has a one year low of C$1.42 and a one year high of C$4.08. The stock has a market capitalization of C$102.96 million, a PE ratio of 18.98, a price-to-earnings-growth ratio of 0.01 and a beta of 3.41. The company has a debt-to-equity ratio of 19.07, a quick ratio of 0.95 and a current ratio of 0.65. The company has a fifty day moving average of C$1.94 and a 200-day moving average of C$2.13.

Journey Energy Company Profile

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Journey Energy Inc is engaged in the exploration, development, and production of crude oil and natural gas in Alberta province. The company's principal revenue source is from petroleum and natural gas sales which include the sale of crude oil, natural gas and natural gas liquids, of which it derives key revenue from the sale of crude oil.

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