Aveda Transportation and Energy Svcs Inc (CVE:AVE) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, August 15th. Analysts expect the company to announce earnings of $0.04 per share for the quarter.

Aveda Transportation and Energy Svcs (CVE:AVE) last posted its quarterly earnings data on Tuesday, May 16th. The company reported ($0.10) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.09) by $0.01. Aveda Transportation and Energy Svcs had a negative net margin of 8.33% and a negative return on equity of 43.51%. The company had revenue of $40.96 million for the quarter, compared to analyst estimates of $40.10 million.

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In other Aveda Transportation and Energy Svcs news, insider Bharat Mahajan purchased 189,000 shares of the company’s stock in a transaction on Tuesday, May 23rd. The shares were bought at an average cost of C$0.53 per share, with a total value of C$100,170.00.

Separately, Canaccord Genuity reiterated a “speculative buy” rating and set a C$0.85 price target on shares of Aveda Transportation and Energy Svcs in a report on Wednesday, July 12th.

Aveda Transportation and Energy Svcs Company Profile

Aveda Transportation and Energy Services Inc is a Canada-based company engaged in the transportation of products, materials, and equipment required for the exploration, development and production of petroleum resources, including rig moving, heavy haul and hot shot services, and the rental of equipment associated with oilfields operations.

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