W&T Offshore Inc expected to post earnings of 16  cents a share - Earnings Preview

W&T Offshore

06/05/2023 03:06

* W&T Offshore Inc  WTI.N   WTI  is expected to show a fall
in
quarterly revenue when it reports  results on May 9. 
    * The Houston Texas-based  company is expected to report  a
14.5% decrease in revenue to $163.261 million from $191 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for W&T Offshore Inc is
for
earnings of 16 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "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 W&T
Offshore Inc
is $9.85​, above​ its last closing price of $4.27. ​​​

This summary was machine generated May 6 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated