Highpeak Energy Inc expected to post earnings of 37 cents a share - Earnings Preview

HighPeak Energy

07/05/2024 03:09

* Highpeak Energy Inc  HPK.OQ   HPK.O  is expected to show a
rise
in quarterly revenue when it reports  results on May 8 for the
period ending March 31 2024
    * The Fort Worth Texas-based  company is expected to report
a
26.5% increase in revenue to $282.996 million from $223.79
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Highpeak Energy Inc is
for
earnings of 37 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 16.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Highpeak
Energy
Inc is $25.00​, above​ its last closing price of $14.38. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.67        0.65       0.66      Beat    1.3
 Sep. 30 2023  0.72        0.71       0.28      Missed  -60.6
 Jan. 1 0001   0.45        0.48       0.25      Missed  -47.8​
 Mar. 31 2023  0.66        0.65       0.39      Missed  -40
 ​​Dec.        0.87        0.87       0.53      Missed  -39.1
 31 2022                                                
 Sep. 30 2022  0.89        0.90       0.85      Missed  -5​
 Jun. 30 2022  0.75        0.76       0.64      Missed  -15.2
 Jan. 1 0001   0.50        0.50       -0.17     Missed  -134.3
 This summary was machine generated May 7 at 02:08 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)