Imperial Oil (NYSEAMERICAN:IMO) (TSE:IMO) will be releasing its earnings data before the market opens on Friday, April 26th. Analysts expect Imperial Oil to post earnings of $0.36 per share for the quarter.

Imperial Oil (NYSEAMERICAN:IMO) (TSE:IMO) last issued its quarterly earnings results on Friday, February 1st. The energy company reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.58 by $0.24. The company had revenue of $7.89 billion during the quarter, compared to the consensus estimate of $8.89 billion. During the same period last year, the company earned ($0.16) earnings per share. Imperial Oil’s revenue for the quarter was down 2.3% on a year-over-year basis.

Shares of Imperial Oil stock opened at $30.08 on Wednesday. Imperial Oil has a fifty-two week low of $24.29 and a fifty-two week high of $34.56.

A number of brokerages have weighed in on IMO. Bank of America raised shares of Imperial Oil from a “neutral” rating to a “buy” rating in a report on Friday, January 4th. Desjardins reissued a “hold” rating and issued a $38.00 price target on shares of Imperial Oil in a report on Tuesday, February 5th. Credit Suisse Group raised shares of Imperial Oil from an “underperform” rating to a “neutral” rating in a report on Thursday, March 14th. AltaCorp Capital downgraded shares of Imperial Oil from a “sector perform” rating to an “underperform” rating in a report on Monday, January 7th. Finally, Morgan Stanley set a $42.00 price target on shares of Imperial Oil and gave the company a “hold” rating in a report on Tuesday, January 29th. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $38.98.

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Imperial Oil Company Profile

Imperial Oil Limited explores for, produces, and sells crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream, and Chemical. The Upstream segment explores for and produces crude oil, natural gas, synthetic oil, and bitumen. As of December 31, 2017, this segment had 450 million oil-equivalent barrels of proved undeveloped reserves.

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Earnings History for Imperial Oil (NYSEAMERICAN:IMO)

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