Earnings Preview: Matador Resources
Portfolio Pulse from Benzinga Insights
Matador Resources (NYSE:MTDR) is set to release its quarterly earnings report on Tuesday, 2023-07-25. Analysts estimate an EPS of $1.35. Last quarter, the company beat EPS by $0.17, which was followed by a 3.55% drop in the share price. Shares of Matador Resources were trading at $55.83 as of July 21, with a 12.17% increase over the last 52-week period.
July 24, 2023 | 5:02 pm
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Matador Resources is expected to release its earnings report on 2023-07-25. The company's stock price may be affected by the earnings announcement, as seen in the past where an EPS beat led to a 3.55% drop in share price.
The upcoming earnings report of Matador Resources is highly relevant to its stock price. In the past, the company's stock price has shown to be sensitive to earnings announcements. Last quarter, despite beating the EPS estimate, the stock price dropped by 3.55%. Therefore, the upcoming earnings report could have a significant impact on the stock price, although the direction of the impact is uncertain.
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