Sitio Royalties Corp expected to post earnings of 27  cents a share - Earnings Preview

Sitio Royalties

05/08/2023 02:11

* Sitio Royalties Corp  STR.N   STR  is expected to show a
rise in
quarterly revenue when it reports  results on August 8. 
    * The Denver Colorado-based  company is expected to report 
a
69.3% increase in revenue to $148.68 million from $87.8 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Sitio Royalties
Corp is
for earnings of 27 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 $32.5​, above​ its last closing price of $27.28. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.22        0.22       0.28      Beat    25.8
 Dec. 31 2023  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.        0.34        0.35       -0.12     Missed  -134.1
 31 2022                                                
 Dec. 31 2021  0.32        0.28       0.40      Beat    43.4​
 Sep. 30 2021  0.30        0.30       0.44      Beat    48.1
 Jun. 30 2021  0.32        0.35       0.28      Missed  -18.8
 This summary was machine generated August 5 at 01:11 GMT.  All
figures in US dollars  unless otherwise stated