W&T Offshore Inc expected to post a loss of 19 cents a share - Earnings Preview

W&T Offshore

06/11/2024 03:47

* W&T Offshore Inc  WTI.N   WTI  is expected to show a fall
in
quarterly revenue when it reports  results on November 7 for the
period ending September 30 2024
    * The Houston Texas-based  company is expected to report a
14.0% decrease in revenue to $122.406 million from $142.41
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for W&T Offshore Inc is for
a loss
of 19 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for W&T
Offshore Inc
is 10.00​, above​ its last closing price of $2.25. ​​​

This summary was machine generated November 6 at 03:47 GMT.  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)