Highpeak Energy Inc expected to post earnings of 23 cents a share - Earnings Preview

HighPeak Energy

02/11/2024 02:17

* Highpeak Energy Inc  HPK.OQ   HPK.O  is expected to show a
fall
in quarterly revenue when it reports  results on November 4 for
the period ending September 30 2024
    * The Fort Worth Texas-based  company is expected to report
a
22.6% decrease in revenue to $267.612 million from $345.59
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Highpeak Energy Inc is
for
earnings of 23 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"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 Highpeak
Energy
Inc is 21.75​, above​ its last closing price of $12.53. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.49        0.50       0.21      Missed  -57.8
 Mar. 31 2024  0.37        0.37       0.37      Met     -0.1
 Dec. 31 2023  0.67        0.65       0.66      Beat    1.3​
 Jan. 1 0001   0.72        0.71       0.28      Missed  -60.6
 ​​Jan.        0.45        0.48       0.25      Missed  -47.8
 1 0001                                                 
 Mar. 31 2023  0.66        0.65       0.39      Missed  -40​
 Dec. 31 2022  0.87        0.87       0.53      Missed  -39.1
 Jan. 1 0001   0.89        0.90       0.85      Missed  -5
 This summary was machine generated November 2 at 02:17 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)