Chord Energy Corp expected to post earnings of $4.96 a share - Earnings Preview

Chord Energy

06/08/2024 03:54

* Chord Energy Corp  CHRD.OQ   CHRD.O  is expected to show a
rise
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
9.7% increase in revenue to $1 billion from $912.07 million a
year ago, according to the mean estimate from 9 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Chord Energy Corp is for
earnings of $4.96 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "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 $207.50​, above​ its last closing price of $150.94. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  4.73        4.86       5.10      Beat    5
 Dec. 31 2024  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        3.83       3.65      Missed  -4.6
 ​​Mar.        4.25        4.29       6.13      Beat    42.9
 31 2023                                                
 Dec. 31 2022  6.20        6.09       5.28      Missed  -13.2​
 Sep. 30 2022  8.33        8.39       7.20      Missed  -14.2
 Jan. 1 0001   7.41        8.26       7.30      Missed  -11.6
 This summary was machine generated August 6 at 02:54 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)