Mark your calendars for Tuesday 22nd October 2024, as Matador Resources Company (NYSE: MTDR) will be revealing its third quarter financial results. This highly awaited announcement is scheduled to take place after market close, pave the way to review a period of expectation and anticipation.
According to the predictions of financial experts on Wall Street, the business is expected to announce an anticipated $1.75 profit per share for the quarter. Further, the firm is poised to disclose a total revenue of $849.57 million for the period.
Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $3.46 billion. Additionally, they expect the company to post profit of $7.44 per share for the fiscal year.
The company's earnings report for the same quarter in the previous year revealed a per-share income of $1.86, attributed to the company's total revenue of $772.29 million.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $2.05 | +44.4% | 847.14 M | +32.8% |
| Q1 2024 | $1.71 | +14.0% | 787.69 M | +40.6% |
| Q4 2023 | $1.99 | -4.3% | 836.13 M | +18.2% |
| Q3 2023 | $1.86 | -30.6% | 772.29 M | -8.2% |
| Q2 2023 | $1.42 | -59.1% | 638.08 M | -32.4% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 23rd October 2024 at 11:00 AM eastern time, in a conference call with public.
Matador Resources (MTDR) shares traded as low as $51.23 and as high as $52.61 on a day volume of 875.90 thousand shares, closed Friday's regular trading session at $51.54, drop of 1.75 percent.
