Imperial Oil Limited (IMO) Announces Quarterly Earnings, Beats Estimates By $0.29 EPS
Imperial Oil Limited (NYSE:IMO) released its earnings data on Thursday. The company reported $1.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.29, AnalystRatingsNetwork reports.
Shares of Imperial Oil Limited (NYSE:IMO) traded down 0.89% on Thursday, hitting $51.33. The stock had a trading volume of 187,857 shares. Imperial Oil Limited has a one year low of $40.19 and a one year high of $54.09. The stock has a 50-day moving average of $52. and a 200-day moving average of $47.65. The company has a market cap of $43.507 billion and a price-to-earnings ratio of 16.03.
A number of research firms have recently commented on IMO. Analysts at Canaccord Genuity downgraded shares of Imperial Oil Limited from a “hold” rating to a “sell” rating in a research note on Tuesday, July 22nd. Analysts at BMO Capital Markets downgraded shares of Imperial Oil Limited from an “outperform” rating to an “underperform” rating in a research note on Friday, May 2nd. Five equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $51.75.
Imperial Oil Limited (NYSE:IMO) is an integrated oil company.
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