Prairie Operating Co reports results for the quarter ended in March - Earnings Summary

Prairie Operating

13/05/2024 23:33

* Prairie Operating Co  PROP.OQ  reported a quarterly
adjusted
loss of 80 cents​​ per share for the quarter ended in March. 
The lone analyst forecast for the quarter was for a loss of 8
cents per share. 
    * Reported revenue was zero​; analysts expected zero. 
    * Prairie Operating Co's reported EPS for the quarter was a
loss
of 90 cents​.
    * The company reported a quarterly loss of $9.04 million.
    * Prairie Operating Co shares had risen by 53.6% this
quarter and
gained 41.6% 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 May 13 at
10:33 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
 Mar. 31 2024      -0.08          -0.80          Missed
 Mar. 31 2024