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

• US Energy Corp USEG.OQ reported a quarterly adjusted loss of 45 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -78 cents. The mean expectation of two analysts for the quarter was for a loss of 8 cents per share. Wall Street expected results to range from -9 cents to -8 cents per share.

• Revenue fell 42.3% to $4.23 million from a year ago; analysts expected $4.54 million.

• US Energy Corp's reported EPS for the quarter was a loss of 45 cents​.

• The company reported a quarterly loss of $12.03 million.

• US Energy Corp shares had fallen by 12.3% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 5.6% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "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 US Energy Corp is $3.00

This summary was machine generated from LSEG data March 13 at 01:30 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)