On Tuesday 29th October 2024, Expand Energy Corporation (NASDAQ: CHK) will release its highly anticipated third quarter financial results. This important announcement is scheduled to occur after market close.
Financial analysts on Wall Street are anticipating that the concern will announce an estimated $0.08 profit per share for the quarter. Furthermore, the firm is projected to disclose a total revenue of $714.85 million for this period.
The per-share income of $1.09 was highlighted in the company's earnings report for the same quarter of the prior year. This notable figure was achieved due to the company's impressive total revenue of $1.51 billion recorded during that specific period.
Financial experts on Wall Street have shared their predictions regarding the company's annual performance, estimating a total revenue of $3.56 billion. Additionally, they are expecting the company to report profit of $1.13 per share for the full year 2024.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.01 | -98.4% | 505.00 M | -73.3% |
| Q1 2024 | $0.56 | -70.1% | 1.08 B | -67.9% |
| Q4 2023 | $1.31 | -69.0% | 1.95 B | -52.8% |
| Q3 2023 | $1.09 | -78.5% | 1.51 B | -52.2% |
| Q2 2023 | $0.64 | -86.9% | 1.89 B | -46.3% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 30th October 2024 at 09:00 AM eastern time to review the Q3 2024 financial results.
Expand Energy Corporation (CHK) closed Friday's regular trading session at $84.79, showing a 0.6 percent downfall. The stock fluctuated between $84.60 and $86.17 during the day, with a volume of 1.23 million shares.
