Sitio Royalties Corp reports results for the quarter ended December 31 - Earnings Summary

Sitio Royalties

26/02/2025 23:30

Sitio Royalties Corp STR.N reported quarterly adjusted earnings of 8 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $1.33.  The mean expectation of six analysts for the quarter was for earnings of 12 cents per share. Wall Street expected results to range from 9 cents to 14 cents per share.

Revenue rose 3.8% to $155.10 million from a year ago; analysts expected $145.60 million.

Sitio Royalties Corp's reported EPS for the quarter was 8 cents​.

The company reported quarterly net income of $7.06 million.

Sitio Royalties Corp shares had risen by 1.6% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 5.9% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell."

The average consensus recommendation for the oil & gas exploration and production peer group is also "buy"

Wall Street's median 12-month price target for Sitio Royalties Corp is $28.50

This summary was machine generated from LSEG data February 26 at 11:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Dec. 31 2024
0.12
0.08
Missed
Sep. 30 2024
0.13
0.15
Beat
Jun. 30 2024
0.18
0.15
Missed
Mar. 31 2024
0.18
0.10
Missed