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

Chord Energy

16/02/2024 11:18

* Chord Energy Corp  CHRD.OQ   CHRD.O  is expected to show a
fall
in quarterly revenue when it reports  results on February 21 for
the period ending December 31 2023
    * The Houston Texas-based  company is expected to report a
14.5% decrease in revenue to $868.677 million from $1.02 billion
a year ago, according to the mean estimate from 9 analysts,
based on LSEG data. (Majority is on Total Revenue basis.)
    * ​LSEG'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 1 "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 $180.00​, above​ its last closing price of $162.66. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2023  4.25        4.29       6.13      Beat    42.9​
 Dec. 31 2022  6.20        6.09       5.28      Missed  -13.2
 ​​Sep.        8.33        8.39       7.20      Missed  -14.2
 30 2022                                                
 Jun. 30 2022  7.41        8.26       7.30      Missed  -11.6​
 Mar. 31 2022  6.79        6.72       8.32      Beat    23.9
 Dec. 31 2021  4.92        5.44       5.68      Beat    4.4
 This summary was machine generated February 16 at 11:18 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)