Matador Resources Co reports results for the quarter ended December 31 - Earnings Summary

Matador Resources

18/02/2025 23:01

* Matador Resources Co  MTDR.N  reported quarterly adjusted
earnings of $1.83​​ per share for the quarter ended December 31,
lower than the same quarter last year, when the company reported
EPS of $1.99.  The mean expectation of eighteen analysts for the
quarter was for earnings of $1.72 per share. Wall Street
expected results to range from $1.48  to $1.88 per share.
    * Revenue rose 16.6% to $970.37 million from a year ago;
analysts
expected $967.26 million. 
    * Matador Resources Co's reported EPS for the quarter was
$1.71​.
    * The company reported quarterly net income of $214.53
million.
    * Matador Resources Co shares had risen by 1.7% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 6.8%
in the last three months.​ 
    * In the last 30 days, six analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 18 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the oil & gas
exploration and production peer group is also "buy"

Wall Street's median 12-month price target for Matador Resources
Co is $77.00 
This summary was machine generated from LSEG data February 18 at
11:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      1.72           1.83           Beat
 Sep. 30 2024      1.72           1.89           Beat
 Jun. 30 2024      1.76           2.05           Beat
 Mar. 31 2024      1.51           1.71           Beat