Granite Ridge Resources, Inc. expected to post earnings of 7 cents a share - Earnings Preview
Granite Ridge Resources, Inc. 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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Granite Ridge Resources, Inc. reports results for the quarter ended June 30 - Earnings Summary
Granite Ridge Q2 adjusted EPS beats, net income misses estimates
Brief: Granite Ridge Resources Q2 Adjusted EPS USD 0.09 Vs. IBES Estimate USD 0.07
Granite Ridge Resources, Inc. expected to post earnings of 7 cents a share - Earnings Preview