Gran Tierra Energy Inc. (NASDAQ:GTE) Expected to Post Earnings of -$0.03 Per Share
Analysts expect Gran Tierra Energy Inc. (NASDAQ:GTE) to report earnings of ($0.03) per share for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have issued estimates for Gran Tierra Energy’s earnings. Gran Tierra Energy also posted earnings per share of ($0.03) in the same quarter last year. The firm is scheduled to report its next earnings results on Wednesday, February 26th.
According to Zacks, analysts expect that Gran Tierra Energy will report full-year earnings of $0.03 per share for the current fiscal year, with EPS estimates ranging from $0.00 to $0.06. For the next fiscal year, analysts anticipate that the firm will post earnings of $0.10 per share, with EPS estimates ranging from $0.06 to $0.17. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research firms that cover Gran Tierra Energy.
Separately, BidaskClub lowered Gran Tierra Energy from a “sell” rating to a “strong sell” rating in a report on Wednesday, February 5th.
About Gran Tierra Energy
Gran Tierra Energy Inc, together with its subsidiaries, engages in the exploration and production of oil and gas properties in Colombia. As of December 31, 2018, the company had total proved undeveloped reserves of 17.3 million barrels of oil equivalent. Gran Tierra Energy Inc was incorporated in 2003 and is headquartered in Calgary, Canada.
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