Infinity Natural Resources Inc reports results for the quarter ended June 30 - Earnings Summary

• Infinity Natural Resources Inc INR.N reported a quarterly adjusted loss of $1.89​​ per share for the quarter ended June 30. The mean expectation of eight analysts for the quarter was for earnings of 43 cents per share. Wall Street expected results to range from 22 cents to 70 cents per share.

• Revenue was $74.48 million​; analysts expected $83.93 million.

• Infinity Natural Resources Inc's reported EPS for the quarter was $1.18​.

• The company reported quarterly net income of $17.99 million.

• Infinity Natural Resources Inc shares had fallen by 21.5% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 26.8% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 8 "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 "buy."

• Wall Street's median 12-month price target for Infinity Natural Resources Inc is $25.50, about 42.2% above its last closing price of $14.74

This summary was machine generated from LSEG data August 11 at 10:40 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)