Excelerate Energy Inc reports results for the quarter ended in June - Earnings Summary

Excelerate Energy

10/08/2023 05:17

* Excelerate Energy Inc  EE.N  reported quarterly adjusted
earnings of 23 cents​​ per share for the quarter ended in June.
The mean expectation of six analysts for the quarter was
for earnings of 33 cents per share.
    * Revenue fell 30.6% to $432.37 million from a year ago;
analysts
expected $240.87 million. 
    * Excelerate Energy Inc's reported EPS for the quarter was
23
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Excelerate Energy Inc shares had risen by 5.8% this
quarter and
lost 14.2% so far this year.
    * The company reported quarterly net income of $29.6
million.
    * Wall Street's median 12-month price target for Excelerate
Energy
Inc is $29.00 
    * 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
August 10 at 04:17 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.33           0.23           Missed
 Mar. 31 2023      0.24           1.24           Beat
 Dec. 31 2022      0.22           1.29           Beat
 Sep. 30 2022      0.29           1.46           Beat