Opal Fuels Inc expected to post earnings of 2 cents a share - Earnings Preview

Opal Fuels

08/05/2024 01:48

* Opal Fuels Inc  OPAL.OQ   OPAL.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 9 for the
period ending March 31 2024
    * The White Plains New York-based  company is expected to
report a
84.5% increase in revenue to $79.272 million from $42.96 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Opal Fuels Inc is for
earnings
of 2 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 20.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Opal Fuels
Inc is
$8.00​, above​ its last closing price of $4.88. ​​​

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  0.18        0.17       0.11      Missed  -34.5
 Sep. 30 2023  0.13        0.11       -0.01     Missed  -109.4
 Jun. 30 2023  0.12        0.00       -0.06     Missed  -1,600
                                                        ​
 Mar. 31 2023  0.00        -0.01      -0.06     Missed  -328.6
 ​​Dec.        0.01        0.10       0.17      Beat    78.9
 31 2022                                                
 Sep. 30 2022  0.21        0.20       -0.04     Missed  -120​
 Jan. 1 0001   0.02        0.02       0.08      Beat    300
 Mar. 31 2022  0.08        0.08       0.10      Beat    25
 This summary was machine generated May 8 at 00:48 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)