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

PHX Minerals

09/08/2022 06:40

* PHX Minerals Inc  PHX.N  reported quarterly adjusted
earnings of
23 cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for earnings of
13 cents per share.
    * Revenue rose 81.4% to $19.77 million from a year ago;
analysts
expected $16.75 million. 
    * The mean earnings estimate of analysts had risen by
about 8.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * PHX Minerals Inc shares had risen by 8.9% this quarter and
gained 52.5% so far this year.
    * The company reported quarterly net income of $8.59
million.
    * Wall Street's median 12-month price target for PHX
Minerals Inc
is $5.35 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 9
at 05:40 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.13           0.23           Beat
 Mar. 31 2022      0.08           -0.18          Missed
 Dec. 31 2021      0.08           0.26           Beat
 Sep. 30 2021      0.07           -0.12          Missed