Yahoo Finance Jericho Energy Ventures First Quarter 2024 Earnings: US$0.007 loss per share (vs US$0.006 loss in 1Q 2023)
Jericho Energy Ventures (CVE:JEV) First Quarter 2024 Results
Key Financial Results
Net loss: US$1.66m (loss widened by 30% from 1Q 2023).
US$0.007 loss per share (further deteriorated from US$0.006 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Jericho Energy Ventures Earnings Insights
Looking ahead, revenue is forecast to grow 138% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Oil and Gas industry in Canada.
Performance of the Canadian Oil and Gas industry.
The company's shares are down 14% from a week ago.
Risk Analysis
It is worth noting though that we have found 6 warning signs for Jericho Energy Ventures (2 are concerning!) that you need to take into consideration.
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