Chord Energy Corp expected to post earnings of $4.72 a share - Earnings Preview

Chord Energy

04/05/2024 04:02

* Chord Energy Corp  CHRD.OQ   CHRD.O  is expected to show a
fall
in quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The Houston Texas-based  company is expected to report a
13.3% decrease in revenue to $776.843 million from $896.52
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Chord Energy Corp is for
earnings of $4.72 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "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 $210.00​, above​ its last closing price of $175.98. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  5.01        4.97       5.25      Beat    5.6
 Sep. 30 2023  5.07        4.97       5.04      Beat    1.3
 Jun. 30 2023  3.82                   3.65              -4.6​
 Mar. 31 2023  4.25        4.29       6.13      Beat    42.9
 ​​Dec.        6.20        6.09       5.28      Missed  -13.2
 31 2022                                                
 Jan. 1 0001   8.33        8.39       7.20      Missed  -14.2​
 Jan. 1 0001   7.41        8.26       7.30      Missed  -11.6
 Jan. 1 0001   6.79        6.72       8.32      Beat    23.9
 This summary was machine generated May 4 at 03:01 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)