What To Expect From Excelerate Energy Inc (EE) Q3 2024 Earnings

Author's Avatar
Nov 06, 2024

Excelerate Energy Inc (EE, Financial) is set to release its Q3 2024 earnings on Nov 7, 2024. The consensus estimate for Q3 2024 revenue is $191.87 million, and the earnings are expected to come in at $0.29 per share. The full year 2024's revenue is expected to be $744.06 million and the earnings are expected to be $1.07 per share. More detailed estimate data can be found on the Forecast page.

Excelerate Energy Inc (EE, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Excelerate Energy Inc (EE) have shown a downward revision for the full year 2024 from $798.33 million to $744.06 million, while projections for 2025 have increased from $895.4 million to $946.95 million. Similarly, earnings estimates have been adjusted downward from $1.16 per share to $1.07 per share for 2024 and from $1.32 per share to $1.18 per share for 2025.

Excelerate Energy Inc (EE, Financial) Reported History

In the previous quarter of 2024-06-30, Excelerate Energy Inc's (EE) actual revenue was $183.33 million, which beat analysts' revenue expectations of $181 million by 1.29%. Excelerate Energy Inc's (EE) actual earnings were $0.26 per share, which missed analysts' earnings expectations of $0.306 per share by -15.03%. After releasing the results, Excelerate Energy Inc (EE) was up by 4.51% in one day.

1854139693642444800.png

Excelerate Energy Inc (EE, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 9 analysts, the average target price for Excelerate Energy Inc (EE) is $24.78 with a high estimate of $28 and a low estimate of $19. The average target implies an upside of 0.44% from the current price of $24.67.

Based on GuruFocus estimates, the estimated GF Value for Excelerate Energy Inc (EE, Financial) in one year is $0, suggesting a downside of -100% from the current price of $24.67.

Based on the consensus recommendation from 10 brokerage firms, Excelerate Energy Inc's (EE, Financial) average brokerage recommendation is currently 2.2, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

1854139786382700544.png

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.