Roth Capital Issues Pessimistic Outlook for KGEI Earnings

Kolibri Global Energy Inc. (NASDAQ:KGEI) – Analysts at Roth Capital dropped their Q3 2024 earnings estimates for Kolibri Global Energy in a research report issued on Thursday, October 17th. Roth Capital analyst J. White now anticipates that the company will post earnings per share of $0.09 for the quarter, down from their previous estimate of $0.13. The consensus estimate for Kolibri Global Energy’s current full-year earnings is $0.49 per share. Roth Capital also issued estimates for Kolibri Global Energy’s Q4 2024 earnings at $0.11 EPS, FY2024 earnings at $0.40 EPS, Q1 2025 earnings at $0.11 EPS, Q2 2025 earnings at $0.10 EPS, Q3 2025 earnings at $0.12 EPS and Q4 2025 earnings at $0.13 EPS.

Kolibri Global Energy Stock Up 1.8 %

Shares of NASDAQ:KGEI opened at $3.44 on Friday. Kolibri Global Energy has a 52-week low of $2.84 and a 52-week high of $4.80. The stock has a market cap of $122.54 million and a P/E ratio of 8.60. The business has a fifty day moving average of $3.21 and a two-hundred day moving average of $3.29. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.19.

Kolibri Global Energy (NASDAQ:KGEI) last posted its quarterly earnings results on Tuesday, August 13th. The company reported $0.11 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.11. Kolibri Global Energy had a return on equity of 9.50% and a net margin of 26.70%. The business had revenue of $13.92 million during the quarter, compared to analyst estimates of $14.27 million.

About Kolibri Global Energy

Kolibri Global Energy Inc engages in the finding and exploiting oil, gas, and clean and sustainable energy in the United States. It sells crude oil, natural gas, and natural gas liquids. The company was formerly known as BNK Petroleum Inc and changed its name to Kolibri Global Energy Inc in November 2020.