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

Sitio Royalties

01/11/2021 23:01

* Falcon Minerals Corp  FLMN.OQ   FLMN.O  is expected to show a
rise in quarterly revenue when it reports  results on November
3. 
* The New York City, New York-based company is expected to
report  a 94.7% increase in revenue to $18.826 million from
$9.67 million a year ago, according to the mean estimate from 6
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 earnings of 1 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"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 Falcon Minerals
Corp is $6.75​, about 11.7% above​ its last closing price
of $5.96. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 302021   0.08        0.09       0.07      Missed  -18.8
 Mar. 312021   0.03        0.04       -0.03     Missed  -176.1
 Dec. 312020   0.02        0.03       0.01      Missed  -66.9​
 Sep. 302020   0.04        0.03       0.01      Missed  -67.3
 ​​Jun.        -0.01       0.00       -0.01     Missed  -122.2
 302020                                                 
 Mar. 312020   0.05        0.06       0.05      Missed  -16.7​
 Dec. 312019   0.05        0.05       0.05      Met     -4.9
 Sep. 302019   0.07        0.08       0.06      Missed  -24.9
 This summary was machine generated November 1 at 23:01 GMT.  All
figures in US dollars unless otherwise stated