Chemtrade Logistics Income Fund (TSX:CHE.UN) is set to release its Q4 2024 earnings on Feb 28, 2025. The consensus estimate for Q4 2024 revenue is $417.87 million, and the earnings are expected to come in at $0.17 per share. The full year 2024’s revenue is expected to be $1.76 billion and the earnings are expected to be $1.02 per share. More detailed estimate data can be found on the Forecast page.
Over the past 90 days, revenue estimates for Chemtrade Logistics Income Fund (TSX:CHE.UN) have increased slightly for the full year 2024, from $1.76 billion to $1.76 billion. For 2025, revenue estimates have declined marginally from $1.78 billion to $1.78 billion. Meanwhile, earnings estimates have decreased for 2024, from $1.07 per share to $1.02 per share. However, for 2025, earnings estimates have increased from $0.99 per share to $1.01 per share.
In the previous quarter of 2024-09-30, Chemtrade Logistics Income Fund’s (TSX:CHE.UN) actual revenue was $474.18 million, which beat analysts’ revenue expectations of $470.30 million by 0.82%. Chemtrade Logistics Income Fund’s (TSX:CHE.UN) actual earnings were $0.40 per share, which beat analysts’ earnings expectations of $0.33 per share by 21.21%. After releasing the results, Chemtrade Logistics Income Fund (TSX:CHE.UN) was up by 0.82% in one day.
Based on the one-year price targets offered by 7 analysts, the average target price for Chemtrade Logistics Income Fund (TSX:CHE.UN) is $14.00 with a high estimate of $15.50 and a low estimate of $12.50. The average target implies an upside of 41.27% from the current price of $9.91.
Based on GuruFocus estimates, the estimated GF Value for Chemtrade Logistics Income Fund (TSX:CHE.UN) in one year is $7.83, suggesting a downside of -20.99% from the current price of $9.91.
Based on the consensus recommendation from 7 brokerage firms, Chemtrade Logistics Income Fund’s (TSX:CHE.UN) average brokerage recommendation is currently 2.3, indicating an “Outperform” status. The rating scale ranges from 1 to 5, where 1 signifies strong buy, and 5 denotes sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
