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EE — Excelerate Energy News Story

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Excelerate Energy Inc reports results for the quarter ended March 31 - Earnings Summary

Excelerate Energy Inc EE.N reported quarterly adjusted earnings of 49 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 24 cents.  The mean expectation of eight analysts for the quarter was for earnings of 39 cents per share. Wall Street expected results to range from 30 cents to 52 cents per share.

Revenue rose 57.5% to $315.09 million from a year ago; analysts expected $207.87 million.

Excelerate Energy Inc's reported EPS for the quarter was 46 cents​.

The company reported quarterly net income of $11.39 million.

Excelerate Energy Inc shares had fallen by 13.1% this quarter and lost 17.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 8.5% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 1 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the natural gas utilities peer group is also "hold"

Wall Street's median 12-month price target for Excelerate Energy Inc is $34.00

This summary was machine generated from LSEG data May 8 at 06:46 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20250.390.49Beat
Dec. 31 20240.310.40Beat
Sep. 30 20240.310.35Beat
Jun. 30 20240.310.26Missed

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