Crescent Energy Company Just Beat EPS By 48%: Here's What Analysts Think Will Happen Next [Yahoo! Finance]
Crescent Energy Company (CRGY)
Company Research
Source: Yahoo! Finance
It was overall a positive result, with revenues beating expectations by 5.1% to hit US$653m. Crescent Energy also reported a statutory profit of US$0.33, which was an impressive 48% above what the analysts had forecast. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year. View our latest analysis for Crescent Energy Following the latest results, Crescent Energy's five analysts are now forecasting revenues of US$3.06b in 2024. This would be a decent 17% improvement in revenue compared to the last 12 months. Per-share earnings are expected to shoot up 498% to US$0.59. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$3.05b and earnings per share (EPS) of US$0.70 in 2024.
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CRGY
News
- Crescent Energy (NYSE: CRGY) had its "outperform" rating re-affirmed by analysts at Evercore ISI. They now have a $17.00 price target on the stock.MarketBeat
- Do Its Financials Have Any Role To Play In Driving Crescent Energy Company's (NYSE:CRGY) Stock Up Recently? [Yahoo! Finance]Yahoo! Finance
- Crescent Energy (CRGY) Stock Moves -0.09%: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Crescent Energy (NYSE: CRGY) is now covered by analysts at JPMorgan Chase & Co.. They set a "neutral" rating and a $12.00 price target on the stock.MarketBeat
- Crescent Energy (NYSE: CRGY) had its price target lowered by analysts at Mizuho from $14.00 to $13.00. They now have a "neutral" rating on the stock.MarketBeat
CRGY
Earnings
- 8/5/24 - Beat
CRGY
Sec Filings
- 9/24/24 - Form SD
- 9/9/24 - Form 4
- 9/9/24 - Form 4
- CRGY's page on the SEC website