Earnings Preview For W&T Offshore
Portfolio Pulse from Benzinga Insights
W&T Offshore (NYSE:WTI) is set to release its latest quarterly earnings report on August 1, 2023. Analysts estimate an earnings per share (EPS) of $-0.06. The company's past performance shows a pattern of share price changes following earnings reports. The company's shares were trading at $4.29 as of July 28, with a 52-week decrease of 11.74%.
July 31, 2023 | 8:07 pm
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NEUTRAL IMPACT
W&T Offshore is expected to report an EPS of $-0.06 in its upcoming earnings report. The company's stock price has historically been affected by its earnings reports.
The upcoming earnings report is a significant event for W&T Offshore. Given the historical impact of earnings reports on the company's stock price, it is likely that this report will also affect the stock price. However, the direction of the impact is uncertain as it depends on whether the company meets, exceeds, or falls short of the estimated EPS.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100