Excelerate Energy Inc expected to post earnings of 18 cents a share - Earnings Preview

Excelerate Energy

27/02/2024 01:35

* Excelerate Energy Inc  EE.N   EE  is expected to show a
fall in
quarterly revenue when it reports  results on February 28 for
the period ending December 31 2023
    * The The Woodlands Texas-based  company is expected to
report a
27.2% decrease in revenue to $331.167 million from $455.1
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data. (Sales Majority is on Total
Revenue Basis, Quarters may not add up to annuals due to
difference in broker actual.)
    * ​LSEG's mean analyst estimate for Excelerate Energy Inc is
for
earnings of 18 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"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 Excelerate
Energy
Inc is $23.00​, above​ its last closing price of $14.26. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.30        0.30       0.40      Beat    34.2
 Jun. 30 2023  0.33        0.33       0.23      Missed  -30.3
 Mar. 31 2023  0.29        0.24       1.24      Beat    414.5​
 Dec. 31 2022  0.19        0.22       1.29      Beat    497.2
 ​​Sep.        0.34        0.29       1.46      Beat    396.1
 30 2022                                                
 Jun. 30 2022  0.18        0.18       0.78      Beat    333.3​
 Mar. 31 2022              0.14                         
 This summary was machine generated February 27 at 01:34 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)