Chord Energy Corp expected to post earnings of $3.88 a share - Earnings Preview

Chord Energy

01/08/2023 03:41

* Chord Energy Corp  CHRD.OQ   CHRD.O  is expected to show a
fall
in quarterly revenue when it reports  results on August 2. 
    * The Houston Texas-based  company is expected to report  a
11.1% decrease in revenue to $701.66 million from $789.38
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Chord Energy Corp
is for
earnings of $3.88 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Chord
Energy Corp
is $174​, above​ its last closing price of $156.84. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  4.25        4.29       6.13      Beat    42.9
 Dec. 31 2023  6.20        6.09       5.28      Missed  -13.2
 Sep. 30 2022  8.33        8.39       7.20      Missed  -14.2​
 Jun. 30 2022  7.41        8.26       7.30      Missed  -11.6
 ​​Mar.        6.79        6.72       8.32      Beat    23.9
 31 2022                                                
 Dec. 31 2021  4.92        5.44       5.68      Beat    4.4​
 Sep. 30 2021  2.09        1.82       3.16      Beat    73.6
 Jun. 30 2021  2.44        2.40       2.76      Beat    15
 This summary was machine generated August 1 at 02:41 GMT.  All
figures in US dollars  unless otherwise stated