FY2024 EPS Estimates for Journey Energy Inc. Lowered by Analyst (TSE:JOY)

Journey Energy Inc. (TSE:JOY) – Ventum Cap Mkts reduced their FY2024 EPS estimates for shares of Journey Energy in a note issued to investors on Friday, October 11th. Ventum Cap Mkts analyst A. Gill now expects that the company will earn $0.06 per share for the year, down from their prior estimate of $0.12. Ventum Cap Mkts currently has a “Strong-Buy” rating on the stock. The consensus estimate for Journey Energy’s current full-year earnings is $0.26 per share. Ventum Cap Mkts also issued estimates for Journey Energy’s Q2 2025 earnings at $0.03 EPS, Q3 2025 earnings at $0.07 EPS and Q4 2025 earnings at $0.09 EPS.

Journey Energy Stock Up 2.0 %

Journey Energy stock opened at C$2.57 on Monday. The stock has a market cap of C$157.67 million, a P/E ratio of 14.28, a P/E/G ratio of 0.01 and a beta of 3.41. The company has a quick ratio of 0.95, a current ratio of 0.68 and a debt-to-equity ratio of 20.04. Journey Energy has a twelve month low of C$2.11 and a twelve month high of C$5.47. The company’s 50-day moving average price is C$2.51 and its two-hundred day moving average price is C$3.04.

Journey Energy (TSE:JOY) last issued its earnings results on Thursday, August 8th. The company reported C($0.04) earnings per share (EPS) for the quarter. The firm had revenue of C$50.53 million during the quarter. Journey Energy had a net margin of 6.72% and a return on equity of 3.85%.

Journey Energy Company Profile

Journey Energy Inc is involved in the exploration, development, and production of crude oil and natural gas in the province of Alberta, Canada. The company was formerly known as Sword Energy Inc and changed its name to Journey Energy Inc in July 2012. Journey Energy Inc was founded in 2007 and is headquartered in Calgary, Canada.