SilverBow Resources Inc expected to post earnings of $2.27 a share - Earnings Preview

SilverBow Resources

30/10/2023 21:19

* SilverBow Resources Inc  SBOW.N   SBOW.K  is expected
to show a
fall in quarterly revenue when it reports  results on November
1. 
    * The Houston Texas-based  company is expected to report  a
29.2% decrease in revenue to $171.475 million from $242.18
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for SilverBow Resources
Inc
is for earnings of $2.27 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for SilverBow
Resources Inc is $57​, above​ its last closing price of $33.57.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  1.61        1.60       1.54      Missed  -3.7
 Mar. 31 2023  2.39        2.36       0.99      Missed  -58
 Dec. 31 2022  2.80        2.80       3.95      Beat    41.2​
 Sep. 30 2022  3.21        3.11       2.52      Missed  -19
 ​​Jun.        2.31        2.26       2.50      Beat    10.4
 30 2022                                                
 Mar. 31 2022  2.48        2.46       2.86      Beat    16.4​
 Dec. 31 2021  3.32        3.27       4.56      Beat    39.3
 Sep. 30 2021  2.18        2.17       -4.38     Missed  -302
 This summary was machine generated October 30 at 21:19 GMT.  All
figures in US dollars  unless otherwise stated