Excelerate Energy Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters
28 Feb
Excelerate Energy Inc reports results for the quarter ended December 31 - Earnings Summary
  • Excelerate Energy Inc EE.N reported quarterly adjusted earnings of 40 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 14 cents. The mean expectation of nine analysts for the quarter was for earnings of 31 cents per share. Wall Street expected results to range from 28 cents to 39 cents per share.

  • Revenue rose 14.4% to $274.57 million from a year ago; analysts expected $194.29 million.

  • Excelerate Energy Inc's reported EPS for the quarter was 40 cents​.

  • The company reported quarterly net income of $10.93 million.

  • Excelerate Energy Inc shares had fallen by 7.4% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 18.4% in the last three months.​

  • In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 1 "hold" and 3 "sell" or "strong sell."

  • The average consensus recommendation for the natural gas utilities peer group is also "hold"

Wall Street's median 12-month price target for Excelerate Energy Inc is $31.00

This summary was machine generated from LSEG data February 27 at 04:37 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

0.31

0.40

Beat

Sep. 30 2024

0.31

0.35

Beat

Jun. 30 2024

0.31

0.26

Missed

Mar. 31 2024

0.18

0.24

Beat

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