The exciting news about Crescent Energy (NYSE: CRGY) will be shared on Monday 5th August 2024. Investors and analysts are eagerly waiting to hear about the company's financial performance for the second quarter of 2024. This significant announcement will happen after market close.
Financial experts on Wall Street anticipate that the business is set to announce an estimated $0.28 profit per share for the quarter. Furthermore, the company is expected to disclose a total revenue of $621.8 million for this specific period.
The company's earnings report from the corresponding quarter of the previous year demonstrated a per-share income of $0.51. Additionally, the company achieved a total revenue of $492.34 million during that specific period.
Wall Street analysts have revealed their projections for the company's yearly performance, with a total revenue of $3 billion. Furthermore, they expect the business to achieve profit of $1.73 per share during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q1 2024 | $0.88 | -20.7% | 657.47 M | +11.4% |
| Q4 2023 | $0.58 | -14.7% | 657.73 M | -3.9% |
| Q3 2023 | $0.75 | -81.9% | 642.40 M | -25.7% |
| Q2 2023 | $0.51 | -60.8% | 492.34 M | -45.8% |
*Growth on year-over-year basis
The business has scheduled a conference call on 6th August 2024 at 11:00 AM eastern time to discuss Q2 financial results.
Crescent Energy (CRGY) shares traded as low as $10.64 and as high as $11.62 on a day volume of 3.95 million shares, closed Friday's regular trading session at $10.81, downfall of 9.39 percent.
