US Energy Corp expected to post a loss of 9 cents a share - Earnings Preview

Big Sky Industrial

07/08/2024 15:08

* US Energy Corp  USEG.OQ   USEG.O  is expected to show a
fall in
quarterly revenue when it reports  results on August 7 for the
period ending June 30 2024
    * The Houston Texas-based  company is expected to report a
16.9% decrease in revenue to $6.627 million from $7.98 million a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for US Energy Corp is for a
loss
of 9 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The average consensus recommendation for the oil & gas
exploration and production peer group is also "Buy".​
    * Wall Street's median 12-month price target for US Energy
Corp is
$1.75​, above​ its last closing price of $0.97. ​​​

This summary was machine generated August 7 at 14:08 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)