Crescent Energy Company (NYSE: CRGY) is set to announce its financial results for the third quarter of 2024 on Monday 4th November 2024. This highly anticipated announcement is scheduled to take place after market close. Investors will have the opportunity to learn more about the company's performance during the quarter.
The financial experts on Wall Street are predicting that the business will likely report an estimated $0.29 profit per share for the third quarter. Additionally, it is anticipated that the company will reveal a $783.67 million revenue during the quarter.
In the corresponding quarter of the previous year, the company's earnings report unveiled a per-share income of $0.75. Notably, the company's total revenue reached an impressive $642.4 million during that specific period.
According to the Wall Street analysts projections, the company is expected to generate a total revenue of $2.98 billion for the fiscal year. Additionally, these analysts anticipate that the company will report profit of $1.45 per share during the same period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.50 | -2.0% | 653.28 M | +32.7% |
| 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 | ||||
Additionally, The company will host a conference call with investors and analysts on 5th November 2024 at 11:00 AM eastern time to review the Q3 2024 financial results.
Throughout Friday's trading, Crescent Energy Company (CRGY) shares fluctuated between $12.20 and $12.58, with a trading volume of 1.98 million shares. The stock ended the regular trading session at $12.26, demonstrating drop of 1.37 percent.
