Texas Pacific Land Corp reports results for the quarter ended in December - Earnings Summary

Texas Pacific Land (Dover)

22/02/2023 23:30

* Texas Pacific Land Corp  TPL.N  reported quarterly
adjusted
earnings of $12.94​​ per share for the quarter ended in
December. The mean expectation of two analysts for the quarter
was for earnings of $15.14 per share.
    * Revenue rose 3.8% to $152.71 million from a year ago;
analysts
expected $171.71 million. 
    * Texas Pacific Land Corp's reported EPS for the quarter was
$12.94​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Texas Pacific Land Corp shares had fallen by 23.2% this
quarter.
    * The company reported quarterly net income of $99.73
million.
    * Wall Street's median 12-month price target for Texas
Pacific
Land Corp is $2,174.00 
    * 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." 

This summary was machine generated from Refinitiv data February
22 at 11:30 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      15.14          12.94          Missed
 Sep. 30 2022      14.38          16.82          Beat
 Jun. 30 2022      15.83          15.37          Missed
 Mar. 31 2022      13.60          12.64          Missed