Earthstone Energy Inc reports results for the quarter ended in December - Earnings Summary

Earthstone Energy

09/03/2023 14:32

* Earthstone Energy Inc  ESTE.N  reported quarterly adjusted
earnings of $1.04​​ per share for the quarter ended in December.
The mean expectation of seven analysts for the quarter was
for earnings of $1.05 per share.
    * Revenue rose 243.7% to $494.96 million from a year ago;
analysts
expected $468.06 million. 
    * Earthstone Energy Inc's reported EPS for the quarter was
$1.20​.
    * The mean earnings estimate of analysts had fallen by
about 27.1%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * Earthstone Energy Inc shares had fallen by 0.4% this
quarter.
    * The company reported quarterly net income of $129.62
million.
    * Wall Street's median 12-month price target for Earthstone
Energy
Inc is $25.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 9 at 02:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.05           1.04           Missed
 Sep. 30 2022      1.47           1.30           Missed
 Jun. 30 2022      1.27           1.29           Beat
 Mar. 31 2022      0.58           0.78           Beat