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

Sitio Royalties

05/08/2021 20:01

* Falcon Minerals Corp  FLMN.OQ  reported quarterly adjusted
earnings of 7 cents​​ per share for the quarter ended in June.
The mean expectation of nine analysts for the quarter was
for earnings of 7 cents per share.
* Revenue rose 164.3% to $16.16 million from a year ago; 
analysts expected $18.42 million. 
* Falcon Minerals Corp's reported EPS for the quarter was 7
cents​.
* The mean earnings estimate of analysts had risen by about 4.1%
in the last three months.​ 
* In the last 30 days two analysts negatively revised earnings
estimates 
* Falcon Minerals Corp shares had fallen by 7.7% this
quarter and gained 48.9% so far this year.
* The company reported quarterly net income of $3.64 million.
* Wall Street's median 12-month price target for Falcon Minerals
Corp is $6.50 
* 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." 
This summary was machine generated August 5 at 07:01 p.m.  ​All
figures in US dollars unless otherwise stated