Prairie Operating Co reports results for the quarter - Earnings Summary

Prairie Operating

08/11/2024 20:58

* Prairie Operating Co  PROP.OQ  reported a quarterly
adjusted
loss of 67 cents​​ per share for the quarter .  The lone analyst
forecast for the quarter was for earnings of 40 cents per share.
    * Reported revenue was zero​; analysts expected $32.06
million. 
    * Prairie Operating Co's reported EPS for the quarter was a
loss
of 68 cents​.
    * The company reported a quarterly loss of $11.42 million.
    * Prairie Operating Co shares had risen by 7.4% this
quarter and
lost 1.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "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 Prairie Operating
Co is 15.50 
This summary was machine generated from LSEG data November 8 at
08:58 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
 Sep. 30 2024      0.40           -0.67          Missed
 Jun. 30 2024      -0.33          -0.70          Missed
 Mar. 31 2024      -0.08          -0.80          Missed