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

• Expand Energy Corp EXE.OQ reported quarterly adjusted earnings of $2.02​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 56 cents. The mean expectation of twenty six analysts for the quarter was for earnings of $1.88 per share. Wall Street expected results to range from $1.15 to $2.38 per share.

• Revenue rose 103.1% to $2.20 billion from a year ago; analysts expected $2.55 billion.

• Expand Energy Corp's reported EPS for the quarter was a loss of $1.06​.

• The company reported a quarterly loss of $249 million.

• Expand Energy Corp shares had fallen by 3.8% this quarter and gained 7.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 64.3% in the last three months.​

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

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 24 "strong buy" or "buy," 4 "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 Expand Energy Corp is $122.00

This summary was machine generated from LSEG data April 30 at 12:55 a.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)