Sitio Royalties Corp expected to post earnings of 77cents a share - Earnings Preview

Sitio Royalties

05/11/2022 03:18

* Sitio Royalties Corp  STR.N   STR  is expected to show a
rise in
quarterly revenue when it reports  results on November 8. 
    * The Denver Colorado-based  company is expected to report 
a
508.7% increase in revenue to $116.45 million from $19.13
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 77 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 $35.5​, above​ its last closing price of $28.83. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.32        0.28       0.40      Beat    43.4​
 Sep. 30 2021  0.30        0.30       0.44      Beat    48.1
 ​​Jun.        0.32        0.35       0.28      Missed  -18.8
 30 2021                                                
 Mar. 31 2021  0.14        0.16       -0.12     Missed  -176.1
                                                        ​
 Dec. 31 2020  0.09        0.12       0.04      Missed  -66.9
 Sep. 30 2020  0.15        0.12       0.04      Missed  -67.3
 This summary was machine generated November 5 at 03:18 GMT.  All
figures in US dollars  unless otherwise stated