Q4 EPS Estimates for Lycos Energy Reduced by Atb Cap Markets

Lycos Energy Inc. (CVE:LCX) – Atb Cap Markets cut their Q4 2024 EPS estimates for Lycos Energy in a research note issued to investors on Tuesday, November 19th. Atb Cap Markets analyst A. Arif now forecasts that the company will post earnings per share of $0.08 for the quarter, down from their prior forecast of $0.10. 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 Q2 2025 earnings at $0.17 EPS and FY2026 earnings at $0.29 EPS.

Lycos Energy (CVE:LCX) last released its earnings results on Thursday, August 22nd. The company reported C$0.19 EPS for the quarter, topping the consensus estimate of C$0.12 by C$0.07. The firm had revenue of C$39.72 million during the quarter, compared to analysts’ expectations of C$40.50 million. Lycos Energy had a return on equity of 7.16% and a net margin of 9.90%.

Separately, National Bankshares dropped their price target on Lycos Energy from C$9.00 to C$7.50 in a research note on Friday, September 27th.

Lycos Energy Price Performance

Lycos Energy stock opened at C$2.73 on Wednesday. Lycos Energy has a 1-year low of C$2.40 and a 1-year high of C$3.83. The stock has a market cap of C$145.26 million and a PE ratio of 14.37. The stock’s fifty day moving average is C$2.84 and its two-hundred day moving average is C$3.15.

About Lycos Energy

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.