Falcon Minerals Corp expected to post earnings of 7 cents a share - Earnings Preview

Sitio Royalties

02/08/2021 22:11

* Falcon Minerals Corp  FLMN.OQ   FLMN.O  is expected to show a
rise in quarterly revenue when it reports results on August 4. 
* The Philadelphia, Pennsylvania-based company is expected to
report   a 202.6% increase in revenue to $18.506 million from
$6.12 million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Falcon Minerals Corp is
for earnings of 7 cents per share. For the same quarter last
year, the company reported a loss of 1 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts had risen by
about 10.7% in the last three months. ​
* Wall Street's median 12-month price target for Falcon Minerals
Corp is $6.5​, about 26.6% above​ its last closing price
of $4.77. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.03        0.03       -0.03     Missed  -187.4
 Dec. 31 2020  0.02        0.03       0.01      Missed  -63.5
 Sep. 30 2020  0.04        0.03       0.01      Missed  -67.3​
 Jun. 30 2020  -0.01       0.00       -0.01     Missed  -122.2
 Mar.          0.05​       0.06       0.05      Missed  -16.7​
 31​ 2020​                                              
 Dec. 31 2019  0.05        0.05       0.05      Met     -4.9​
 Sep. 30 2019  0.07        0.08       0.06      Missed  -24.9
 Jun. 30 2019  0.12        0.12       0.08      Missed  -31.2
 This summary was machine generated August 2 at 21:11 GMT.  All
figures in US dollars unless otherwise stated