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GRNT — Granite Ridge Resources News Story

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Granite Ridge Resources, Inc. expected to post earnings of 7 cents a share - Earnings Preview

Granite Ridge Resources, Inc. <GRNT.N> expected to post earnings of 7 cents a share - Earnings Preview 
  • Granite Ridge Resources, Inc. GRNT.N, GRNT.K is expected to show a rise in quarterly revenue when it reports results on August 6 for the period ending June 30 2026

  • The Dallas Texas-based company is expected to report a 36.2% increase in revenue to $148.8 million from $109.22 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Granite Ridge Resources, Inc. is for earnings of 7 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "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 Granite Ridge Resources, Inc. is $8.00, about 67% above its last closing price of $4.79

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Mar. 31 2026

0.10

0.12

0.02

Missed

-83.6

Dec. 31 2026

0.09

0.09

0.01

Missed

-89.4

Sep. 30 2025

0.15

0.12

0.09

Missed

-24.8​

Jun. 30 2025

0.12

0.13

0.11

Missed

-12

​​Mar. 31 2025

0.20

0.20

0.22

Beat

10

Dec. 31 2024

0.13

0.13

0.17

Beat

34.2​

Sep. 30 2024

0.14

0.14

0.14

Met

-3.2

Jun. 30 2024

0.14

0.14

0.13

Missed

-4

This summary was machine generated August 4 at 20:04 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)

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