Imperial Oil reports before the market opens on October 30. Analysts expect earnings to rise from a year ago, but estimates vary across sources.
Imperial Oil Ltd. (TSX: IMO; IMO.TO) will report third-quarter 2026 results for the period ended September 30 before the market opens on Friday, October 30. The earnings call is scheduled for 9 a.m. MT.
Recent earnings trend
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Imperial Oil Ltd
IMO.TO
IMO.TO
Imperial Oil Ltd
WealthAwesomeMarket cap
$87.55B
P/E
21.2x
Div. yield
1.68%
Div. / share
$3.18
52W high
$192.40
52W low
$113.03
1W change
-1.08%
Beta
0.91
Analyst Price Targets
Based on analyst covering IMO · as of Oct 26, 2026
Wall Street analysts forecast IMO stock price to fall 12.2% over the next 12 months.
Consensus
Moderately BearishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$165.65
-12.2% Upside
Previously C$165.59 on Oct 22, 2026
Current Price
C$188.76
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on IMO's historical volatility
30-Day Vol
30.7%
Annualized
90-Day Vol
26.5%
Annualized
Trend (90d)
+2.5%
Annualized drift
90d Mean
C$182.65
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$181.57 | C$163.34 – C$201.84 |
| 60 trading days | C$182.11 | C$156.80 – C$211.51 |
| 90 trading days | C$182.65 | C$152.06 – C$219.39 |
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.
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Analyst coverage: 5 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 3 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-10-30 | — | 4.7500 | — |
| 2026-06-30 | 2026-07-31 | 4.5200 | 4.1700 | +8.4% |
| 2026-03-31 | 2026-05-01 | 1.9400 | 2.4000 | -19.2% |
| 2025-12-31 | 2026-01-30 | 1.9700 | 1.8900 | +4.2% |
| 2025-09-30 | 2025-10-31 | 2.1700 | 1.9600 | +10.7% |
| 2025-06-30 | 2025-08-01 | 1.8600 | 1.6100 | +15.5% |
The supplied earnings calendar lists consensus EPS of C$3.64, based on five analysts, and revenue of C$13.52 billion, based on two. A separate news report from October 23 cited EPS of C$3.43 and revenue of C$15.44 billion. These figures differ, so check Imperial’s release and the estimates you follow rather than treating them as interchangeable.
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The calendar’s EPS estimate has fallen from C$3.91 over the past 30 days, even though four analysts raised their estimates and none lowered theirs. Imperial beat consensus in three of its last four reported quarters, but that doesn’t guarantee another surprise.
Investor takeaway: The October 30 report will show whether Imperial can deliver the expected year-over-year earnings growth as estimates shift. The calendar projects EPS growth of 67.8% and revenue growth of 12.2%. The separate news report gives notably different growth estimates. Focus on the reported results and management’s comments on operating conditions, not just whether Imperial beats consensus. Its upstream and downstream businesses face different pressures from commodity prices and refining conditions, so the results and outlook will help put the headline numbers in context.
C$3.64 EPS consensus for the September quarter
The earnings calendar’s EPS estimate is based on five analysts and has fallen from C$3.91 over the past 30 days. Imperial beat estimates in three of its last four reported quarters. But the calendar’s C$3.64 estimate differs from the C$3.43 figure in a separate October 23 news report.
Bull case
Imperial beat EPS estimates in three of its last four reported quarters. In the latest quarter, ended June 30, it reported EPS of C$4.52, above the C$4.17 estimate. That was an 8.39% surprise.
The calendar also projects strong year-over-year growth. A result above the relevant consensus, along with management’s comments on business conditions, could support the growth outlook.
Bear case
Imperial’s recent record isn’t consistent. It missed estimates in the March 2026 quarter, reporting EPS of C$1.94 against C$2.40. The calendar’s current consensus has also fallen from C$3.91 to C$3.64 in 30 days.
Estimates differ between the supplied calendar and a separate news report, and the revenue consensus is based on just two analysts. That makes a simple beat-or-miss call less reliable.
The stock’s last close of C$188.76 was above its 50-day and 200-day moving averages. The average analyst target was C$165.65, or 12.2% below the close. Investors may scrutinize the results and guidance closely.
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