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

Sitio Royalties

04/11/2021 18:54

* Falcon Minerals Corp  FLMN.OQ  reported quarterly adjusted
earnings of 11 cents​​ per share for the quarter ended in
September. The mean expectation of seven analysts for the
quarter was for earnings of 7 cents per share.
* Revenue rose 97.8% to $19.13 million from a year ago; 
analysts expected $18.83 million. 
* Falcon Minerals Corp's reported EPS for the quarter was 11
cents​.
* The mean earnings estimate of analysts had fallen by
about 17.7% in the last three months.​ 
* In the last 30 days four analysts negatively revised earnings
estimates 
* Falcon Minerals Corp shares had risen by 25.7% this
quarter and gained 87.6% so far this year.
* The company reported quarterly net income of $5.81 million.
* Wall Street's median 12-month price target for Falcon Minerals
Corp is $6.75 
* 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." 
This summary was machine generated November 4 at 06:54 p.m.
 ​All figures in US dollars unless otherwise stated