Earthstone Energy Inc expected to post earnings of 56  cents a share - Earnings Preview

Earthstone Energy

03/05/2022 19:33

* Earthstone Energy Inc  ESTE.N   ESTE.K  is expected
to show a
rise in quarterly revenue when it reports  results on May 5. 
    * The The Woodlands Texas-based  company is expected to
report  a
121.7% increase in revenue to $167.567 million from $75.57
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Earthstone Energy
Inc is
for earnings of 56 cents per share. For the same quarter last
year, the company reported earnings of 17 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Earthstone
Energy
Inc is $20​, above​ its last closing price of $13.52. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.35        0.33       0.46      Beat    39.2
 Sep. 30 2021  0.24        0.23       0.35      Beat    55
 Jun. 30 2021  0.18        0.17       0.26      Beat    48.7​
 Mar. 31 2021  0.06        0.05       0.17      Beat    224.8
 ​​Dec.        0.05        0.05       0.09      Beat    71.8
 31 2020                                                
 Sep. 30 2020  0.07        0.08       0.06      Missed  -23.8​
 Jun. 30 2020  0.07        0.07       0.20      Beat    193.5
 Mar. 31 2020  0.16        0.16       0.13      Missed  -20.9
 This summary was machine generated May 3 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated