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

Earthstone Energy

05/05/2022 14:31

* Earthstone Energy Inc  ESTE.N  reported quarterly adjusted
earnings of 78 cents​​ per share for the quarter ended in March.
The mean expectation of eight analysts for the quarter was
for earnings of 56 cents per share.
    * Revenue rose 159.6% to $196.15 million from a year ago; 
analysts expected $167.57 million. 
    * Earthstone Energy Inc's reported EPS for the quarter was a
loss
of 53 cents​.
    * The mean earnings estimate of analysts had risen by
about 2.7%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Earthstone Energy Inc shares had risen by 19.2% this
quarter and
gained 37.7% so far this year.
    * The company reported a quarterly loss of $33.48 million.
    * Wall Street's median 12-month price target for Earthstone
Energy
Inc is $26.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated May 5 at 01:31 p.m.  ​All
figures in US dollars unless otherwise stated