Parkland Fuel Corporation (PKI:CA), an international fuel distributor, marketer, and convenience retailer is set to release its 2024 fourth quarter and year-end results after market close on March 5, 2025, with a conference call on March 6, 2025.
This update comes as the company navigates competitive pressures, particularly in its refining segment, where lower margins have posed challenges.
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Expected Q4 Earning Report of Parkland Fuel Corporation:
Analysts project EPS of around 0.61 CAD for the upcoming quarter. For context, Parkland’s previous quarter EPS was approximately 0.60 CAD, while Q4 2023 saw an EPS of 0.84 CAD.
Despite a tight margin environment, investors are keen to see if Parkland’s Customer Advantage and Supply Advantage strategies can mitigate cost pressures and spur revenue growth across Canada, the United States, and the Caribbean.
Stock Target Advisor’s Analysis on Parkland Fuel Corporation:
According to recent data, Parkland Fuel Corporation carries a “Very Bullish” rating from Stock Target Advisor, supported by 19 positive signals and 0 negative signals. Analysts covering the stock have set an average target price of approximately CAD 49.11, reflecting a potential upside from the last closing price of CAD 37.32.
The company has shown top-quartile performance on metrics such as earnings growth, revenue growth, return on assets, and return on equity, suggesting underlying strengths.
Recent analyst ratings underscore this positive sentiment:
- Scotia Capital maintained an Outperform rating with a CAD 52 price target (February 11, 2025).
- CIBC World Markets reiterated an Outperform rating and a CAD 49 target (February 11, 2025), and again maintained Outperform with the same CAD 49 target on (February 14, 2025).
These updates reinforce the consensus that Parkland may have meaningful upside, particularly if refining margins stabilize and the company continues to capitalize on its diversified operations and growing convenience store network.
Conclusion:
All eyes will be on Parkland’s earnings release to see if the company can sustain momentum in a volatile market. While lower refining margins remain a concern, analysts remain largely bullish, pointing to Parkland’s top-tier performance metrics, growth potential, and underpriced valuation.
If the upcoming results confirm these positive indicators, Parkland could continue to gain favor among investors looking for both income and long-term capital appreciation in the fuel distribution and retail sector.
Muzzammil is a content writer at Stock Target Advisor. He has been writing stock news and analysis at Stock Target Advisor since 2023 and has worked in the financial domain in various roles since 2020. He has previously worked on an equity research firm that analyzed companies listed on the stock markets in the U.S. and Canada and performed fundamental and qualitative analyses of management strength, business strategy, and product/services forecast as indicated by major brokers covering the stock.
