Husky Energy (HSE) Scheduled to Post Quarterly Earnings on Thursday

Husky Energy (TSE:HSE) is scheduled to post its quarterly earnings results before the market opens on Thursday, October 25th. Analysts expect Husky Energy to post earnings of C$0.46 per share for the quarter.

Husky Energy (TSE:HSE) last released its quarterly earnings data on Thursday, July 26th. The company reported C$0.47 earnings per share for the quarter, topping the Zacks’ consensus estimate of C$0.40 by C$0.07. Husky Energy had a net margin of 2.93% and a return on equity of 3.09%. The business had revenue of C$5.88 billion for the quarter, compared to analysts’ expectations of C$6.49 billion.

HSE stock opened at C$19.83 on Thursday. Husky Energy has a fifty-two week low of C$15.09 and a fifty-two week high of C$22.99.

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 1st. Investors of record on Monday, August 27th were issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.52%. The ex-dividend date of this dividend was Friday, August 24th. This is a boost from Husky Energy’s previous quarterly dividend of $0.08.

A number of analysts recently weighed in on the stock. Canaccord Genuity increased their price objective on shares of Husky Energy from C$20.50 to C$23.00 in a report on Tuesday, July 10th. Barclays increased their target price on shares of Husky Energy from C$24.00 to C$26.00 in a research report on Friday, July 27th. CIBC reiterated a “neutral” rating and issued a C$24.00 target price on shares of Husky Energy in a research report on Friday, October 5th. Raymond James upgraded shares of Husky Energy from a “market perform” rating to an “outperform” rating and increased their target price for the company from C$22.00 to C$26.00 in a research report on Thursday, July 5th. Finally, TD Securities increased their target price on shares of Husky Energy from C$23.00 to C$24.00 and gave the company a “buy” rating in a research report on Friday, July 27th. One analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of C$22.73.

About Husky Energy

Husky Energy Inc, together with its subsidiaries, operates as an integrated energy company. It operates through two segments, Upstream and Downstream. The Upstream segment engages in the exploration for, and development and production of crude oil, bitumen, natural gas, and natural gas liquids; marketing of the company's and other producers' crude oil, natural gas, natural gas liquids, sulphur, and petroleum coke; pipeline transportation and blending of crude oil and natural gas; and storage of crude oil, diluent, and natural gas.

Read More: Retained Earnings

Earnings History for Husky Energy (TSE:HSE)

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