Excelerate Energy Inc expected to post earnings of 31 cents a share - Earnings Preview

Excelerate Energy

06/08/2024 03:24

* Excelerate Energy Inc  EE.N   EE  is expected to show a
fall in
quarterly revenue when it reports  results on August 7 for the
period ending June 30 2024
    * The The Woodlands Texas-based  company is expected to
report a
58.1% decrease in revenue to $181 million from $432.37 million a
year ago, according to the mean estimate from 5 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Excelerate Energy Inc is
for
earnings of 31 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "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 $18.45. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.18        0.18       0.24      Beat    30.4
 Dec. 31 2024  0.20        0.19       0.14      Missed  -26.8
 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.        0.29        0.24       1.24      Beat    414.5
 31 2023                                                
 Jan. 1 0001   0.19        0.22       1.29      Beat    497.2​
 Sep. 30 2022  0.34        0.29       1.46      Beat    396.1
 Jun. 30 2022  0.18        0.18       0.78      Beat    333.3
 This summary was machine generated August 6 at 02:24 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)