PHX Minerals Inc reports results for the quarter ended in December - Earnings Summary

PHX Minerals

12/03/2024 22:19

* PHX Minerals Inc  PHX.N  reported quarterly adjusted
earnings of
7 cents​​ per share for the quarter ended in December.  The mean
expectation of four analysts for the quarter was for earnings of
3 cents per share. Wall Street expected results to range from 3
cents to 4 cents per share.
    * Revenue was $11.78 million​; analysts expected $9.17
million. 
    * PHX Minerals Inc's reported EPS for the quarter was 7
cents​.
    * The company reported quarterly net income of $2.51
million.
    * PHX Minerals Inc shares had fallen by 6.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 14.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"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 PHX Minerals Inc
is $5.00 
This summary was machine generated from LSEG data March 12 at
10:18 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 2023      0.03           0.07           Beat
 Sep. 30 2023      0.04           0.05           Beat
 Jun. 30 2023      0.04           0.00           Missed