On Tuesday 5th November 2024, Northern Oil and Gas (NYSE: NOG) will release its highly anticipated third quarter financial results. This important announcement is scheduled to occur after market close.
According to financial analysts on Wall Street, the establishment is likely to announce an estimated per share $1.20 profit for the quarter. Additionally, the company is anticipated to reveal a total revenue of $542.84 million during this period.
The earnings report for the corresponding quarter in the previous year showcased a per-share income of $1.73. This considerable sum was attributed to the company's total revenue, which reached an impressive $511.65 million during that specific quarter.
Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $2.17 billion. Additionally, they expect the company to post profit of $5.25 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.46 | -2.0% | 560.77 M | +34.6% |
| Q1 2024 | $1.28 | -27.3% | 532.04 M | +24.8% |
| Q4 2023 | $1.61 | +12.6% | 543.40 M | +21.9% |
| Q3 2023 | $1.73 | -3.9% | 511.65 M | -4.2% |
| Q2 2023 | $1.49 | -13.4% | 416.49 M | -24.2% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 6th November 2024 at 09:00 AM eastern time to review the Q3 2024 financial results.
Northern Oil and Gas (NOG) closed Friday's regular trading session at $35.82, marking a 1.19 percent decline. During the day, NOG shares traded between $35.65 and $37.02, with a day volume of 725.00 thousand shares.
