Greenfire Resources Ltd. stunned investors with a remarkable earnings surprise, posting an EPS of 0.43 against an estimate of just 0.01.
Recent earnings trend
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Greenfire Resources Ltd.
GFR.TO
GFR.TO
Greenfire Resources Ltd.
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Market cap
$1.08B
52W high
$9.62
52W low
$5.72
1W change
-2.93%
Beta
0.19
Analyst Price Targets
Based on analyst covering GFR
Wall Street analysts forecast GFR stock price to rise 32.4% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$11.40
+32.4% Upside
Current Price
C$8.61
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
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Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on GFR's historical volatility
30-Day Vol
51.9%
Annualized
90-Day Vol
50.1%
Annualized
Trend (90d)
+13.9%
Annualized drift
90d Mean
C$9.05
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$8.75 | C$7.32 – C$10.47 |
| 60 trading days | C$8.90 | C$6.91 – C$11.46 |
| 90 trading days | C$9.05 | C$6.64 – C$12.33 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 1 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 1 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-06 | 0.4300 | 0.0100 | +4200.0% |
| 2026-03-31 | 2026-05-05 | -0.5800 | 0.0800 | -825.0% |
| 2025-12-31 | 2026-03-12 | -0.1100 | 0.1400 | -178.6% |
| 2025-09-30 | 2025-11-03 | -0.1200 | 0.2300 | -152.2% |
| 2025-06-30 | 2025-08-06 | 0.1400 | 0.3100 | -54.8% |
| 2025-03-31 | 2025-05-06 | 0.2300 | 0.3200 | -28.1% |
On August 6, 2026, Greenfire Resources Ltd. (GFR.TO) reported its latest earnings for the fiscal period ending June 30, 2026. The company delivered an astonishing earnings per share (EPS) of 0.43, which is 4200% higher than the expected 0.01. This significant surprise marks one of the most notable earnings performances in recent memory, especially considering the company's previous struggles with profitability.
Investor takeaway: Investors should take note of Greenfire's impressive turnaround in earnings as the company navigates its recent acquisition plans and market challenges. While these results are promising, maintaining this performance will be crucial in the upcoming quarters.
EPS Surges to 0.43 from Expected 0.01
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This 4200% earnings surprise highlights a significant turnaround in Greenfire Resources' financial performance, contrasting sharply with its previous quarterly results.
Bull case
The strong earnings beat suggests a potential turnaround for Greenfire Resources. Recent operational changes may be paying off, and the company’s acquisition of Connacher Oil and Gas Limited could further strengthen its market position and revenue streams. This makes GFR.TO an appealing option for growth-oriented investors.
Bear case
Despite the impressive earnings surprise, Greenfire's historical performance shows volatility, with previous quarters reflecting significant losses. Investors should stay cautious, as the company's profit margin remains negative, and future performance may face challenges from integrating recent acquisitions.
Earnings Overview
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Analyst Insights
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Wealth Awesome Price Forecast
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