Highpeak Energy Inc expected to post earnings of 66  cents a share - Earnings Preview

HighPeak Energy

08/05/2023 22:20

* Highpeak Energy Inc  HPK.OQ   HPK.O  is expected to show a
rise
in quarterly revenue when it reports  results on May 10. 
    * The Fort Worth Texas-based  company is expected to report 
a
177.2% increase in revenue to $255.645 million from $92.23
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Highpeak Energy Inc
is
for earnings of 66 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 $40​, above​ its last closing price of $16.40. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  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. 31 2022  0.50        0.50       -0.17     Missed  -134.3
 ​​Dec.        0.38        0.39       0.35      Missed  -9.1
 31 2021                                                
 Sep. 30 2021  0.14        0.14       0.08      Missed  -42.9​
 This summary was machine generated May 8 at 21:20 GMT.  All
figures in US dollars  unless otherwise stated