Atb Cap Markets Lowers Earnings Estimates for Lycos Energy

Lycos Energy Inc. (CVE:LCX) – Investment analysts at Atb Cap Markets lowered their Q4 2024 earnings per share (EPS) estimates for shares of Lycos Energy in a research report issued on Tuesday, November 19th. Atb Cap Markets analyst A. Arif now anticipates that the company will earn $0.08 per share for the quarter, down from their previous 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.

Separately, National Bankshares dropped their price objective on shares of Lycos Energy from C$9.00 to C$7.50 in a report on Friday, September 27th.

Lycos Energy Price Performance

Shares of Lycos Energy stock opened at C$2.73 on Wednesday. The company’s 50 day moving average is C$2.84. The firm has a market cap of C$145.26 million and a price-to-earnings ratio of 14.37. Lycos Energy has a 12-month low of C$2.40 and a 12-month high of C$3.83.

Lycos Energy (CVE:LCX) last posted its quarterly earnings data on Thursday, August 22nd. The company reported C$0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.12 by C$0.07. The firm had revenue of C$39.72 million for the quarter, compared to the consensus estimate of C$40.50 million. Lycos Energy had a net margin of 9.90% and a return on equity of 7.16%.

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.