Chord Energy Corp expected to post earnings of $4.97 a share - Earnings Preview

Chord Energy

31/10/2023 02:10

* Chord Energy Corp  CHRD.OQ   CHRD.O  is expected to show a
fall
in quarterly revenue when it reports  results 
    * The Houston Texas-based  company is expected to report  a
30.8% decrease in revenue to $822.531 million from $1.19 billion
a year ago, according to the mean estimate from 7 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Chord Energy Corp
is for
earnings of $4.97 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "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 $185​, above​ its last closing price of $163.69. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  3.82        3.83       3.65      Missed  -4.6
 Mar. 31 2023  4.25        4.29       6.13      Beat    42.9
 Dec. 31 2022  6.20        6.09       5.28      Missed  -13.2​
 Sep. 30 2022  8.33        8.39       7.20      Missed  -14.2
 ​​Jun.        7.41        8.26       7.30      Missed  -11.6
 30 2022                                                
 Mar. 31 2022  6.79        6.72       8.32      Beat    23.9​
 Dec. 31 2021  4.92        5.44       5.68      Beat    4.4
 Sep. 30 2021  2.09        1.82       3.16      Beat    73.6
 This summary was machine generated October 31 at 02:10 GMT.  All
figures in US dollars  unless otherwise stated