Earthstone Energy Inc expected to post earnings of $1.47 a share - Earnings Preview

Earthstone Energy

01/11/2022 02:04

* Earthstone Energy Inc  ESTE.N   ESTE.K  is expected
to show a
rise in quarterly revenue when it reports  results on November
2. 
    * The The Woodlands Texas-based  company is expected to
report  a
301.1% increase in revenue to $442.804 million from $110.38
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Earthstone Energy
Inc is
for earnings of $1.47 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"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 Earthstone
Energy
Inc is $30​, above​ its last closing price of $16.16. ​​​

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 2022  1.26        1.27       1.29      Beat    1.9
 Mar. 31 2022  0.59        0.58       0.78      Beat    35.1
 Dec. 31 2021  0.35        0.33       0.46      Beat    39.2​
 Sep. 30 2021  0.24        0.23       0.35      Beat    55
 ​​Jun.        0.18        0.17       0.26      Beat    48.7
 30 2021                                                
 Mar. 31 2021  0.06        0.05       0.17      Beat    224.8​
 Dec. 31 2020  0.05        0.05       0.09      Beat    71.8
 Sep. 30 2020  0.07        0.08       0.06      Missed  -23.8
 This summary was machine generated November 1 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated