Sitio Royalties Corp expected to post earnings of 22  cents a share - Earnings Preview

Sitio Royalties

06/05/2023 03:05

* Sitio Royalties Corp  STR.N   STR  is expected to show a
rise in
quarterly revenue when it reports  results on May 9. 
    * The Denver Colorado-based  company is expected to report 
a
583.3% increase in revenue to $154.475 million from $22.61
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Sitio Royalties
Corp is
for earnings of 22 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"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 Sitio
Royalties
Corp is $34​, above​ its last closing price of $25.18. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.46        0.43       0.10      Missed  -76.6
 Sep. 30 2022  0.64        0.77       0.70      Missed  -8.8
 Jun. 30 2022  0.59        0.63       1.56      Beat    148.3​
 Mar. 31 2022  0.34        0.35       -0.12     Missed  -134.1
 ​​Dec.        0.32        0.28       0.40      Beat    43.4
 31 2021                                                
 Sep. 30 2021  0.30        0.30       0.44      Beat    48.1​
 Jun. 30 2021  0.32        0.35       0.28      Missed  -18.8
 Mar. 31 2021  0.14        0.16       -0.12     Missed  -176.1
 This summary was machine generated May 6 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated