Earthstone Energy Inc expected to post earnings of 77  cents a share - Earnings Preview

Earthstone Energy

27/10/2023 13:53

* Earthstone Energy Inc  ESTE.N   ESTE.K  is expected
to show a
fall in quarterly revenue when it reports  results on October 31
(estimated). 
    * The The Woodlands Texas-based  company is expected to
report  a
15.9% decrease in revenue to $447.166 million from $531.5
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Earthstone Energy
Inc is
for earnings of 77 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Earthstone
Energy
Inc is $26​, above​ its last closing price of $21.49. ​​​

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 2023  0.51        0.50       0.53      Beat    5.8
 Mar. 31 2023  0.76        0.74       0.77      Beat    3.4
 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.        1.26        1.27       1.29      Beat    1.9
 30 2022                                                
 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
 This summary was machine generated October 27 at 12:53 GMT.  All
figures in US dollars  unless otherwise stated