SandRidge Energy Inc reports results for the quarter ended in January 1 - Earnings Summary

SandRidge Energy

07/11/2024 04:45

* SandRidge Energy Inc  SD.N  reported quarterly adjusted
earnings
of 19 cents​​ per share for the quarter ended January 1.  The
lone analyst forecast for the quarter was for earnings of 27
cents per share. 
    * Revenue was $30.06 million​; analysts expected $27.53
million. 
    * SandRidge Energy Inc shares had fallen by 7.3% this
quarter and
lost 7.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 6.9%
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," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the oil & gas
exploration and production peer group is  "hold."

Wall Street's median 12-month price target for SandRidge Energy
Inc is 20.00 
This summary was machine generated from LSEG data November 7 at
04:45 a.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      0.27           0.19           Missed