Atb Cap Markets Expects Weaker Earnings for Akita Drilling

Akita Drilling (TSE:AKTFree Report) – Analysts at Atb Cap Markets decreased their FY2024 earnings per share (EPS) estimates for Akita Drilling in a research report issued on Monday, November 4th. Atb Cap Markets analyst T. Monachello now anticipates that the company will post earnings of $0.19 per share for the year, down from their previous estimate of $0.24. Atb Cap Markets also issued estimates for Akita Drilling’s Q1 2025 earnings at $0.12 EPS, Q2 2025 earnings at $0.04 EPS, Q3 2025 earnings at $0.08 EPS and FY2025 earnings at $0.35 EPS.

Akita Drilling Stock Performance

Akita Drilling has a twelve month low of C$6.52 and a twelve month 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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