Highpeak Energy Inc expected to post earnings of 45  cents a share - Earnings Preview

HighPeak Energy

05/08/2023 03:15

* Highpeak Energy Inc  HPK.OQ   HPK.O  is expected to show a
rise
in quarterly revenue when it reports  results on August 7. 
    * The Fort Worth Texas-based  company is expected to report 
a
21.1% increase in revenue to $243.977 million from $201.43
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Highpeak Energy Inc
is
for earnings of 45 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Highpeak
Energy
Inc is $25​, above​ its last closing price of $14.48. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.66        0.66       0.39      Missed  -40.5
 Dec. 31 2023  0.87        0.87       0.53      Missed  -39.1
 Sep. 30 2022  0.89        0.90       0.85      Missed  -5​
 Jun. 30 2022  0.75        0.76       0.64      Missed  -15.2
 ​​Mar.        0.50        0.50       -0.17     Missed  -134.3
 31 2022                                                
 Dec. 31 2021  0.38        0.39       0.35      Missed  -9.1​
 Sep. 30 2021  0.14        0.14       0.08      Missed  -42.9
 This summary was machine generated August 5 at 02:15 GMT.  All
figures in US dollars  unless otherwise stated