US Energy Corp reports results for the quarter - Earnings Summary

Big Sky Industrial

12/11/2024 15:27

* US Energy Corp  USEG.OQ  reported a quarterly adjusted
loss of 7
cents​​ per share for the quarter , higher than the same quarter
last year, when the company reported EPS of -35 cents.  The mean
expectation of two analysts for the quarter was for a loss of 4
cents per share. Wall Street expected results to range from -5
cents to -4 cents per share.
    * Revenue fell 43.3% to $4.96 million from a year ago;
analysts
expected $5.82 million. 
    * US Energy Corp's reported EPS for the quarter was a loss
of 8
cents​.
    * The company reported a quarterly loss of $2.25 million.
    * US Energy Corp shares had risen by 27.8% this quarter and
gained 47.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 12.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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
$2.00 
This summary was machine generated from LSEG data November 12 at
03:27 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 1 0001       -0.04          -0.07          Missed
 Jun. 30 2024      -0.09          -0.08          Beat
 Dec. 31 2023      -0.03          -0.78          Missed