Atb Cap Markets Forecasts Lower Earnings for Akita Drilling

Akita Drilling (TSE:AKTFree Report) – Stock analysts at Atb Cap Markets lowered their Q1 2025 earnings estimates for shares of Akita Drilling in a report issued on Tuesday, December 10th. Atb Cap Markets analyst T. Monachello now anticipates that the company will post earnings per share of $0.11 for the quarter, down from their prior forecast of $0.12. Atb Cap Markets also issued estimates for Akita Drilling’s FY2025 earnings at $0.34 EPS, Q1 2026 earnings at $0.12 EPS, Q2 2026 earnings at $0.04 EPS, Q3 2026 earnings at $0.08 EPS, FY2026 earnings at $0.36 EPS and FY2027 earnings at $0.39 EPS.

Akita Drilling Stock Performance

Akita Drilling has a one year low of C$6.52 and a one year high of C$9.23.

Akita Drilling Company Profile

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AKITA Drilling Ltd. (AKITA) is engaged in providing contract drilling services, primarily to the oil and gas industry. The Company is involved in other forms of drilling, including potash mining and the development of storage caverns. The Company owns and operates approximately 31 drilling rigs in Canada.

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Earnings History and Estimates for Akita Drilling (TSE:AKT)

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