Sable Offshore Corp. reports results for the quarter ended June 30 - Earnings Summary

Sable Offshore

10/08/2026 23:33

Sable Offshore Corp. SOC.N reported a quarterly adjusted loss of 42 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-1.11.  The mean expectation of four analysts for the quarter was for earnings of 41 cents per share. Wall Street expected results to range from 21 cents to 60 cents per share.
Revenue was $137.13 million​; analysts expected $233.74 million. 
Sable Offshore Corp.'s reported EPS for the quarter was a loss of 42 cents​.
The company reported a quarterly loss of $64.22 million.
Sable Offshore Corp. shares had risen by 54.2% this quarter and lost 47.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 29.9% in the last three months.​ 
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." 
Wall Street's median 12-month price target for Sable Offshore Corp. is $14.00, about 63.6% above its last closing price of $5.09
This summary was machine generated from LSEG data August 10 at 10:32 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
Jun. 30 2026 
0.41
-0.42
Missed
Mar. 31 2026 
-0.53
-1.37
Missed
Dec. 31 2025 
-0.46
-0.39
Beat
Sep. 30 2025 
-0.77
-1.11
Missed