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

Earthstone Energy

03/11/2022 02:18

* Earthstone Energy Inc  ESTE.N  reported quarterly adjusted
earnings of $1.30​​ per share for the quarter ended in
September. The mean expectation of seven analysts for the
quarter was for earnings of $1.47 per share.
    * Revenue rose 381.5% to $531.50 million from a year ago;
analysts
expected $442.80 million. 
    * Earthstone Energy Inc's reported EPS for the quarter was
$1.94​.
    * The mean earnings estimate of analysts had risen by
about 6.8%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Earthstone Energy Inc shares had risen by 33.4% this
quarter and
gained 50.2% so far this year.
    * The company reported quarterly net income of $211.46
million.
    * Wall Street's median 12-month price target for Earthstone
Energy
Inc is $30.00 
    * 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 Refinitiv data November
3 at 02:18 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.33           0.46           Beat