Texas Pacific Land Corp expected to post earnings of $11.87 a share - Earnings Preview

Texas Pacific Land (Dover)

31/07/2023 22:05

* Texas Pacific Land Corp  TPL.N   TPL  is expected to show
a fall
in quarterly revenue when it reports  results on August 2. 
    * The Dallas Texas-based  company is expected to report  a
16.5% decrease in revenue to $147.242 million from $176.27
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Texas Pacific Land
Corp
is for earnings of $11.87 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"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 Texas
Pacific
Land Corp is $2,060.5​, above​ its last closing price
of $1,506.30. ​​​

This summary was machine generated July 31 at 21:05 GMT.  All
figures in US dollars  unless otherwise stated