Crew Energy Inc Expected to Earn FY2017 Earnings of $0.22 Per Share (CR)

Crew Energy Inc (TSE:CR) – Cormark decreased their FY2017 earnings per share (EPS) estimates for shares of Crew Energy in a report released on Friday. Cormark analyst A. Arif now anticipates that the company will post earnings per share of $0.22 for the year, down from their previous forecast of $0.24. Cormark also issued estimates for Crew Energy’s Q4 2017 earnings at $0.00 EPS, Q1 2019 earnings at ($0.09) EPS, Q2 2019 earnings at ($0.11) EPS, Q3 2019 earnings at ($0.12) EPS and Q4 2019 earnings at ($0.10) EPS.

CR has been the subject of a number of other research reports. National Bank Financial reduced their price target on Crew Energy from C$4.75 to C$3.00 and set an “outperform” rating for the company in a research report on Friday. Raymond James Financial reduced their price target on Crew Energy from C$5.70 to C$5.15 and set an “outperform” rating for the company in a research report on Monday, February 5th. Eight Capital reduced their price target on Crew Energy from C$6.25 to C$6.00 in a research report on Friday, November 3rd. CSFB reduced their price target on Crew Energy from C$5.00 to C$4.75 in a research report on Friday, November 3rd. Finally, Scotiabank reduced their price target on Crew Energy from C$4.75 to C$3.75 and set an “outperform” rating for the company in a research report on Friday. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Crew Energy currently has an average rating of “Buy” and an average price target of C$4.94.

Shares of Crew Energy (CR) opened at C$1.89 on Monday. The company has a market capitalization of $282.21, a PE ratio of -31.50 and a beta of 0.72. Crew Energy has a 1 year low of C$1.78 and a 1 year high of C$6.13.

TRADEMARK VIOLATION WARNING: “Crew Energy Inc Expected to Earn FY2017 Earnings of $0.22 Per Share (CR)” was originally reported by American Banking News and is the property of of American Banking News. If you are reading this news story on another site, it was illegally stolen and republished in violation of United States and international trademark and copyright legislation. The original version of this news story can be read at https://www.americanbankingnews.com/2018/02/12/crew-energy-inc-expected-to-earn-fy2017-earnings-of-0-22-per-share-cr.html.

Crew Energy Company Profile

Crew Energy Inc is a Canada-based oil and gas exploration, development and production company. It is a growth-oriented oil and natural gas producer. The Company’s activities are primarily focused in the Montney Resource situated in northeast British Columbia. Its Montney Resource is complemented by its Lloydminster heavy oil property in Alberta and Saskatchewan.

Earnings History and Estimates for Crew Energy (TSE:CR)

Receive News & Ratings for Crew Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crew Energy and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply