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Will Bengal Energy Ltd (BNG) Beat Estimates Again in Its Next Earnings Report?

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Bengal Energy reports before the market opens on November 10. There’s no current-period EPS consensus, so investors can’t judge the results by whether the company beats or misses estimates. Instead, the September-quarter report should show how its oil business and financial position are doing.

Bengal Energy Ltd (TSX: BNG) is scheduled to report results for the quarter ended September 30, 2026, before the market opens on November 10. The earnings calendar lists no EPS estimate or actual result. Historical data shows the company beat estimates in three of its last four reported quarters, but the comparable-quarter record is limited and offers little guidance for this report. Bengal’s trailing-twelve-month EPS is -C$0.01, and its profit margin is -66.27%.

Recent earnings trend

Bengal Energy Ltd

BNG.TO

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BNG.TO

Bengal Energy Ltd

Source:WealthAwesomeWealthAwesome
↑ $0.00 (0.00%)
120 day period
$0.02$0.03$0.04May 14Aug 11Nov 6

Market cap

$18.51M

52W high

$0.08

52W low

$0.01

1W change

+0.00%

Beta

-0.44

Analyst Price Targets

Based on analyst covering BNG · as of Sep 17, 2026

📈

Wall Street analysts forecast BNG stock price to rise 328.6% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$0.15

+328.6% Upside

Current Price

C$0.04

Last close

Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on BNG's historical volatility

HistoricalForecast68%95%
C$0.00C$0.18C$0.36C$0.54C$0.72C$0.89TodayJun 26Sep 2Nov 6Dec 19Feb 1Mar 16

30-Day Vol

253.7%

Annualized

90-Day Vol

247.9%

Annualized

Trend (90d)

+50.0%

Annualized drift

90d Mean

C$0.04

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$0.04C$0.02 – C$0.09
60 trading daysC$0.04C$0.01 – C$0.14
90 trading daysC$0.04C$0.01 – C$0.19

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: Limited — historical beat/miss data exists for 10 quarter(s), but no upcoming consensus.

Beat estimates in 3 of the last 4 comparable quarter(s).

Fiscal periodReport dateActual EPSEstimateSurprise
2025-06-302025-08-12-0.0005——
2025-03-312025-06-30-0.0062——
2024-12-312025-02-11-0.0008——
2024-09-302024-11-13-0.0013——
2024-06-302024-08-11-0.0004——
2024-03-312024-06-12-0.0240——
-0.0240-0.01200.0000 23-0923-1224-0324-0624-0924-1225-0325-06 Reported EPS (≥0) Reported EPS (<0) Wealth Awesome

Investor takeaway: The key question is whether Bengal’s operating performance is translating into better financial results, not whether it clears an unavailable EPS target. Compare the September quarter with the company’s previous results, and watch for updates on production, realized prices, costs and cash needs. Supplemental headlines say Bengal’s October 16 update reported fiscal 2027-to-date crude realizations at a premium to Brent. The upcoming report may show how those conditions affected the quarter, but the headline isn’t a substitute for the full results. See the BNG stock page for company and share information.

3 of the last 4 reported quarters were estimate beats

That record is context, not a forecast. There’s no EPS estimate for the September 2026 quarter, so the supplied calendar data can’t show whether Bengal beat consensus.

Bull case

Bengal beat estimates in three of its last four reported quarters, though that’s a limited signal. A reported premium to Brent could support realized prices if it continued through the September quarter. The available information doesn’t show how much it affected revenue or margins. The shares closed at C$0.04, above their C$0.03 50-day and 200-day moving averages. Those figures reflect recent trading, not the company’s operating outlook.

Bear case

There’s no current EPS consensus, and the calendar flags the entry as sparse, so investors lack a clear benchmark for a beat-or-miss call. Bengal is still loss-making based on the supplied trailing figures, with EPS of -C$0.01 and a -66.27% profit margin. Past estimate comparisons also offer little help in forecasting results when current estimates aren’t available. The shares’ 52-week range of C$0.01 to C$0.08 points to the potential for sharp price swings.

Wealth Awesome
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Published: November 9, 2026
Last Updated: November 9, 2026

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