W&T Offshore Inc expected to post a loss of 5 cents a share - Earnings Preview

W&T Offshore

02/08/2024 22:39

* W&T Offshore Inc  WTI.N   WTI  is expected to show a rise
in
quarterly revenue when it reports  results on August 6 for the
period ending June 30 2024
    * The Houston Texas-based  company is expected to report a
17.3% increase in revenue to $148.035 million from $126.18
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 5 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 $2.20. ​​​

This summary was machine generated August 2 at 21:39 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)