Expand Energy Corp reports results for the quarter ended December 31 - Earnings Summary

Reuters
02-27
Expand Energy Corp reports results for the quarter ended December 31 - Earnings Summary
  • Expand Energy Corp EXE.OQ reported quarterly adjusted earnings of 55 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $1.31. The mean expectation of twenty six analysts for the quarter was for earnings of 48 cents per share. Wall Street expected results to range from -24 cents to 79 cents per share.

  • Revenue rose 2.7% to $2.00 billion from a year ago; analysts expected $1.94 billion.

  • Expand Energy Corp's reported EPS for the quarter was a loss of $1.72​.

  • The company reported a quarterly loss of $399 million.

  • Expand Energy Corp shares had risen by 3.4% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 12.9% in the last three months.​

  • In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy," 7 "hold" and 1 "sell" or "strong sell."

  • The average consensus recommendation for the oil & gas exploration and production peer group is also "buy"

Wall Street's median 12-month price target for Expand Energy Corp is $116.00

This summary was machine generated from LSEG data February 26 at 10:01 p.m. UTC. ​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)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

0.48

0.55

Beat

Sep. 30 2024

-0.06

0.16

Beat

Jun. 30 2024

0.00

0.01

Beat

Mar. 31 2024

0.59

0.56

Missed

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