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Parkland (TSE:PKI)
TSX:PKI
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.57Last Year’s EPS
0.25Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 05, 2025
|% Change Since: 4.81%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant achievements in membership growth, cost reductions, and international segment performance. However, these were offset by challenges in share performance, refinery and U.S. segment issues, and negative same-store sales growth. The strategic review aims to address these challenges.Company Guidance
During the Parkland Q4 and Year-End Analyst Conference Call, the company provided guidance for 2025, projecting an adjusted EBITDA of $1.95 billion. The call highlighted that the refined margins environment was more favorable than anticipated, with the Burnaby Refinery expected to operate at 90% to 95% utilization despite a three-week maintenance period in Q1. The company also maintained its commitment to a leverage ratio target range of 2x to 3x and announced a 3% dividend increase, reflecting its 13th consecutive annual dividend growth. Parkland outlined its strategy to reduce operating and MG&A costs by $50 million compared to 2023, exceeding inflationary pressures, and identified approximately 1,500 position reductions through divestments and synergy initiatives. Furthermore, the company noted that the JOURNIE Rewards membership grew to over 6 million, contributing to market share gains in 2024. Despite challenges in the U.S. segment, Parkland remains optimistic about capturing increased volumes and margins as market conditions improve, supported by a diversified business model and resilient execution.JOURNIE Rewards Membership Growth
Increased JOURNIE Rewards membership to more than 6 million members through strategic partnerships and targeted promotions, leading to impressive market share gains in 2024.
Cost Reduction Achievements
Reduced operating and MG&A costs by $50 million compared to 2023, more than offsetting inflationary pressures.
International Segment Growth
International segment delivered adjusted EBITDA of $171 million, up 9% year-over-year, driven by strong performance in Guyana and Suriname.
Dividend Increase
Announced a 3% dividend increase, marking the 13th consecutive annual increase.
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TSE:PKI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:PKI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 05, 2025 | C$34.54 | C$36.52 | +5.73% |
| Oct 30, 2024 | C$33.14 | C$31.74 | -4.22% |
| Jul 31, 2024 | C$37.57 | C$35.88 | -4.50% |
| May 01, 2024 | C$40.95 | C$39.98 | -2.37% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Parkland (TSE:PKI) report earnings?
Parkland (TSE:PKI) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Parkland (TSE:PKI) earnings time?
Parkland (TSE:PKI) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:PKI EPS forecast?
TSE:PKI EPS forecast for the fiscal quarter 2025 (Q1) is 0.57.
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