Talos Energy Inc reports results for the quarter ended March 31 - Earnings Summary

• Talos Energy Inc TALO.N reported quarterly adjusted earnings of 6 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -13 cents. The mean expectation of eleven analysts for the quarter was for a loss of 9 cents per share. Wall Street expected results to range from -17 cents tozero cents per share.

• Revenue rose 19.3% to $513.06 million from a year ago; analysts expected $498.89 million.

• Talos Energy Inc's reported EPS for the quarter was a loss of 5 cents​.

• The company reported a quarterly loss of $9.87 million.

• Talos Energy Inc shares had fallen by 24.7% this quarter and lost 24.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 48.2% in the last three months.​

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

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 2 "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 Talos Energy Inc is $12.00

This summary was machine generated from LSEG data May 5 at 10:32 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)