Crescent Energy Co reports results for the quarter ended June 30 - Earnings Summary
Crescent Energy Co reports results for the quarter ended June 30 - Earnings Summary
Crescent Energy Co CRGY.N reported quarterly adjusted earnings of 69 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 43 cents. The mean expectation of fifteen analysts for the quarter was for earnings of 57 cents per share. Wall Street expected results to range from 42 cents to 81 cents per share.
Revenue rose 55.3% to $1.39 billion from a year ago; analysts expected $1.26 billion.
Crescent Energy Co's reported EPS for the quarter was $1.30.
The company reported quarterly net income of $492.77 million.
Crescent Energy Co shares had risen by 16.8% this quarter and gained 36.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.
In the last 30 days, six analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil & gas exploration and production peer group is also "buy"
Wall Street's median 12-month price target for Crescent Energy Co is $17.00, about 32.8% above its last closing price of $11.43
This summary was machine generated from LSEG data August 3 at 09:54 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.57 | 0.69 | Beat |
Mar. 31 2026 | 0.34 | 0.53 | Beat |
Dec. 31 2025 | 0.34 | 0.49 | Beat |
Sep. 30 2025 | 0.35 | 0.35 | Met |