Crescent Energy Co expected to post earnings of 28 cents a share - Earnings Preview
03/08/2024 02:25
* Crescent Energy Co CRGY.N CRGY.K is expected to show a
rise
in quarterly revenue when it reports results on August 5 for
the period ending June 30 2024
* The Houston Texas-based company is expected to report a
26.3% increase in revenue to $621.798 million from $492.34
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
* LSEG's mean analyst estimate for Crescent Energy Co is
for
earnings of 28 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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 Crescent
Energy
Co is $18.00, above its last closing price of $10.81.
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 0.19 0.18 -0.02 Missed -110.9
Dec. 31 2024 0.12 0.15 0.61 Beat 305.5
Sep. 30 2023 0.27 0.27 -0.67 Missed -348.9
Jun. 30 2023 0.15 0.14 0.11 Missed -20
Mar. 0.28 0.25 1.24 Beat 404.5
31 2023
Dec. 31 2022 0.58 0.58 1.34 Beat 131.6
Sep. 30 2022 0.89 0.89 2.74 Beat 209
Jun. 30 2022 0.90 1.33 Beat 47.8
This summary was machine generated August 3 at 01:25 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)