Q1 2024 EPS Estimates for Akita Drilling Lowered by Analyst (TSE:AKT)

Akita Drilling (TSE:AKTFree Report) – Atb Cap Markets lowered their Q1 2024 earnings per share (EPS) estimates for shares of Akita Drilling in a research note issued on Friday, March 22nd. Atb Cap Markets analyst T. Monachello now expects that the company will post earnings per share of $0.05 for the quarter, down from their previous forecast of $0.11. Atb Cap Markets also issued estimates for Akita Drilling’s Q3 2024 earnings at $0.05 EPS, Q1 2025 earnings at $0.07 EPS, Q2 2025 earnings at $0.03 EPS, Q3 2025 earnings at $0.08 EPS and FY2026 earnings at $0.29 EPS.

Akita Drilling Price Performance

Akita Drilling has a 1-year low of C$6.52 and a 1-year high of C$9.23.

Akita Drilling Company Profile

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AKITA Drilling Ltd. (AKITA) is engaged in providing contract drilling services, primarily to the oil and gas industry. The Company is involved in other forms of drilling, including potash mining and the development of storage caverns. The Company owns and operates approximately 31 drilling rigs in Canada.

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Earnings History and Estimates for Akita Drilling (TSE:AKT)

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