Advantage Energy (AAVVF) Expected to Announce Quarterly Earnings on Thursday

Advantage Energy (OTCMKTS:AAVVFGet Free Report) will likely be issuing its quarterly earnings data after the market closes on Thursday, July 24th. Analysts expect the company to announce earnings of $0.10 per share and revenue of $194.50 million for the quarter.

Advantage Energy (OTCMKTS:AAVVFGet Free Report) last issued its quarterly earnings results on Thursday, May 1st. The company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.31). Advantage Energy had a negative return on equity of 1.84% and a negative net margin of 5.68%. The business had revenue of $154.11 million during the quarter, compared to analysts’ expectations of $209.10 million. On average, analysts expect Advantage Energy to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Advantage Energy Trading Down 2.4%

Shares of OTCMKTS AAVVF opened at $8.27 on Thursday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.51 and a current ratio of 0.51. The business’s 50 day moving average price is $8.31 and its 200-day moving average price is $7.38. Advantage Energy has a fifty-two week low of $5.54 and a fifty-two week high of $9.25. The company has a market cap of $1.38 billion, a price-to-earnings ratio of -63.62 and a beta of 0.96.

Analyst Upgrades and Downgrades

Several research firms have commented on AAVVF. Desjardins restated a “buy” rating on shares of Advantage Energy in a report on Monday, May 5th. CIBC reaffirmed a “neutral” rating on shares of Advantage Energy in a research report on Tuesday, June 24th. Finally, Raymond James Financial raised Advantage Energy to a “moderate buy” rating in a research report on Monday, April 7th. One equities research analyst has rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Advantage Energy currently has an average rating of “Buy”.

Read Our Latest Report on Advantage Energy

Advantage Energy Company Profile

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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.

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Earnings History for Advantage Energy (OTCMKTS:AAVVF)

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