Financial Performance - Kolibri Global Energy Inc. reported quarterly earnings of $0.08 per share, matching the Zacks Consensus Estimate, but down from $0.11 per share a year ago [1] - The company posted revenues of $11.11 million for the quarter, missing the Zacks Consensus Estimate by 2.86%, and down from $13.92 million year-over-year [2] - Over the last four quarters, Kolibri has surpassed consensus EPS estimates three times, but has only topped revenue estimates once [2][3] Market Performance - Kolibri Global Energy Inc. shares have increased approximately 13.9% since the beginning of the year, outperforming the S&P 500's gain of 8.6% [3] - The company's current Zacks Rank is 4 (Sell), indicating expectations of underperformance in the near future due to unfavorable estimate revisions [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.15 on revenues of $18.19 million, and for the current fiscal year, it is $0.59 on revenues of $69.36 million [7] - The outlook for the Alternative Energy - Other industry, where Kolibri operates, is currently in the bottom 33% of over 250 Zacks industries, which may impact stock performance [8]
Kolibri Global Energy Inc. (KGEI) Q2 Earnings Meet Estimates