What To Expect From Coterra Energy ($CTRA) Q3 Earnings?

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Coterra Energy (NYSE: CTRA) is scheduled to reveal its financial results for the third quarter on Thursday 31st October 2024. This disclosure will take place after market close, providing investors with significant information regarding the company's performance in the last three months period.

It is anticipated by financial experts on Wall Street that the enterprise is set to announce an estimated $0.34 profit per share for the quarter. Additionally, the firm is expected to disclose a total revenue of $1.3 billion for this period.

The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.5. This figure was a result of the company's total revenue, which reached an impressive $1.36 billion million during that specific period.

Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $5.47 billion. Additionally, they expect the company to post profit of $1.69 per share for the fiscal year.

 

In addition, The firm will review the third quarter financial results on 1st November 2024 at 09:00 AM eastern time, in a conference call with public.

During Tuesday's trading, Coterra Energy (CTRA) shares reached a low of $23.63 and a high of $23.93, along with a total volume of 4.48 million shares. The stock ended the regular trading session at $23.81, indicating a gain of 0.21 percent.