Earthstone Energy Inc expected to post earnings of 74  cents a share - Earnings Preview

Earthstone Energy

28/04/2023 12:40

* Earthstone Energy Inc  ESTE.N   ESTE.K  is expected
to show a
rise in quarterly revenue when it reports  results on May 2
(estimated). 
    * The The Woodlands Texas-based  company is expected to
report  a
108.3% increase in revenue to $408.632 million from $196.15
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 74 cents 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 had fallen by
about 15.5%
in the last three months. ​
    * Wall Street's median 12-month price target for Earthstone
Energy
Inc is $28​, above​ its last closing price of $13.04. ​​​

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 2022  1.04        1.05       1.04      Missed  -1.1
 Sep. 30 2022  1.40        1.47       1.30      Missed  -11.6
 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.        0.35        0.33       0.46      Beat    39.2
 31 2021                                                
 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
 This summary was machine generated April 28 at 11:40 GMT.  All
figures in US dollars  unless otherwise stated