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

Sitio Royalties

26/02/2022 01:59

* Falcon Minerals Corp  FLMN.OQ   FLMN.O  is expected
to show a
rise in quarterly revenue when it reports  results on March 1
(estimated). 
    * The New York City-based  company is expected to report  a
82.1% increase in revenue to $18.633 million from $10.23 million
a year ago, according to the mean estimate from 4 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 cent per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"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 $7​, about 19.1% above​ its last closing price
of $5.66. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  0.08        0.07       0.11      Beat    48.1
 Jun. 30 2021  0.08        0.09       0.07      Missed  -18.8
 Mar. 31 2021  0.03        0.04       -0.03     Missed  -176.1
                                                        ​
 Dec. 31 2020  0.02        0.03       0.01      Missed  -66.9
 ​​Sep.        0.04        0.03       0.01      Missed  -67.3
 30 2020                                                
 Jun. 30 2020  -0.01       0.00       -0.01     Missed  -122.2
                                                        ​
 Mar. 31 2020  0.05        0.06       0.05      Missed  -16.7
 Dec. 31 2019  0.05        0.05       0.05      Met     -4.9
 This summary was machine generated February 26 at 01:59 GMT. 
All figures in US dollars  unless otherwise stated