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

Earthstone Energy

03/05/2023 23:35

* Earthstone Energy Inc  ESTE.N  reported quarterly adjusted
earnings of 77 cents​​ per share for the quarter ended in March.
The mean expectation of seven analysts for the quarter was
for earnings of 74 cents per share.
    * Revenue rose 110.6% to $413.14 million from a year ago;
analysts
expected $408.63 million. 
    * Earthstone Energy Inc's reported EPS for the quarter was
56
cents​.
    * The mean earnings estimate of analysts had fallen by
about 31.4%
in the last three months.​ 
    * In the last 30 days, five analysts negatively revised
earnings
estimates 
    * Earthstone Energy Inc shares had fallen by 0.6% this
quarter and
lost 9.1% so far this year.
    * The company reported quarterly net income of $60.55
million.
    * Wall Street's median 12-month price target for Earthstone
Energy
Inc is $28.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
3 at 10:35 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.74           0.77           Beat
 Dec. 31 2022      1.05           1.04           Missed
 Sep. 30 2022      1.47           1.30           Missed
 Jun. 30 2022      1.27           1.29           Beat