Granite Ridge Resources Future Growth
Future criteria checks 2/6
Granite Ridge Resources is forecast to grow earnings and revenue by 14.2% and 8.2% per annum respectively while EPS is expected to grow by 16.2% per annum.
Key information
14.2%
Earnings growth rate
16.2%
EPS growth rate
Oil and Gas earnings growth | 1.7% |
Revenue growth rate | 8.2% |
Future return on equity | n/a |
Analyst coverage | Low |
Last updated | 14 Jun 2024 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 449 | 84 | 16 | 314 | 2 |
12/31/2025 | 445 | 101 | 38 | 303 | 5 |
12/31/2024 | 406 | 86 | -9 | 281 | 4 |
3/31/2024 | 368 | 60 | -12 | 290 | N/A |
12/31/2023 | 369 | 81 | -56 | 303 | N/A |
9/30/2023 | 379 | 120 | -37 | 308 | N/A |
6/30/2023 | 407 | 182 | 24 | 365 | N/A |
3/31/2023 | 468 | 267 | 53 | 372 | N/A |
12/31/2022 | 471 | 262 | 112 | 346 | N/A |
9/30/2022 | 491 | 258 | 75 | 341 | N/A |
6/30/2022 | 418 | 203 | 26 | 262 | N/A |
3/31/2022 | 325 | 125 | -34 | 213 | N/A |
12/31/2021 | 273 | 108 | -38 | 181 | N/A |
12/31/2020 | 81 | -24 | -51 | 67 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Y60's forecast earnings growth (14.2% per year) is above the savings rate (0.7%).
Earnings vs Market: Y60's earnings (14.2% per year) are forecast to grow slower than the German market (18.6% per year).
High Growth Earnings: Y60's earnings are forecast to grow, but not significantly.
Revenue vs Market: Y60's revenue (8.2% per year) is forecast to grow faster than the German market (5.2% per year).
High Growth Revenue: Y60's revenue (8.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if Y60's Return on Equity is forecast to be high in 3 years time