APA Corp (US) reports results for the quarter ended December 31 - Earnings Summary

• APA Corp (US) APA.OQ reported quarterly adjusted earnings of 79 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $1.15. The mean expectation of twenty six analysts for the quarter was for earnings of 97 cents per share. Wall Street expected results to range from 59 cents to $1.35 per share.

• Revenue rose 22.9% to $1.98 billion from a year ago; analysts expected $2.24 billion.

• APA Corp (US)'s reported EPS for the quarter was 96 cents​.

• The company reported quarterly net income of $354 million.

• APA Corp (US) shares had fallen by 3.1% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 4.3% 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 8 "strong buy" or "buy," 16 "hold" and 5 "sell" or "strong sell."

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

Wall Street's median 12-month price target for APA Corp (US) is $27.50

This summary was machine generated from LSEG data February 26 at 11:43 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)