Core Insights - Kolibri Global Energy Inc. (KGEI) is anticipated to report a year-over-year decline in earnings despite an increase in revenues for the quarter ending September 2024 [1] - The consensus EPS estimate for KGEI is $0.09 per share, reflecting a 25% decrease year-over-year, while revenues are projected to be $13.61 million, up 6.8% from the previous year [3] - The consensus EPS estimate has been revised down by 31.25% over the last 30 days, indicating a reassessment by analysts [4] Earnings Expectations - The earnings report could lead to a stock price increase if the actual results exceed expectations; conversely, a miss could result in a decline [2] - The sustainability of any immediate price change will largely depend on management's commentary during the earnings call [2] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that KGEI has an Earnings ESP of 0%, suggesting no recent analyst revisions that differ from the consensus estimate [10] - KGEI currently holds a Zacks Rank of 4, which complicates the prediction of an earnings beat [10][11] Historical Performance - In the last reported quarter, KGEI met the expected earnings of $0.11 per share, resulting in no surprise [12] - Over the past four quarters, KGEI has only surpassed consensus EPS estimates once [13] Industry Comparison - Ameresco (AMRC), a peer in the alternative energy sector, is expected to report an EPS of $0.50 for the same quarter, indicating a 25% year-over-year increase, with revenues projected at $485.86 million, up 45% [17] - Ameresco's consensus EPS estimate has been revised down by 1.4% in the last 30 days, but it has a positive Earnings ESP of 13.32%, suggesting a likely earnings beat [18]
Analysts Estimate Kolibri Global Energy Inc. (KGEI) to Report a Decline in Earnings: What to Look Out for