Falcon Minerals Corp reports results for the quarter ended in December - Earnings Summary

Sitio Royalties

11/03/2022 10:19

* Falcon Minerals Corp  FLMN.OQ  reported quarterly adjusted
earnings of 10 cents​​ per share for the quarter ended in
December. The mean expectation of six analysts for the quarter
was for earnings of 7 cents per share.
    * Revenue rose 90% to $19.45 million from a year ago; 
analysts
expected $18.63 million. 
    * Falcon Minerals Corp's reported EPS for the quarter was 10
cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.8%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Falcon Minerals Corp shares had risen by 20.5% this
quarter.
    * The company reported quarterly net income of $5.11
million.
    * Wall Street's median 12-month price target for Falcon
Minerals
Corp is $7.00 
    * 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." 

This summary was machine generated March 11 at 10:19 a.m.  ​All
figures in US dollars unless otherwise stated