Earnings Outlook For Matador Resources
Portfolio Pulse from Benzinga Insights
Matador Resources (NYSE:MTDR) is set to release its latest quarterly earnings report on Tuesday, 2023-10-24. Analysts estimate an earnings per share (EPS) of $1.59. The company's past performance shows a trend of share price drops following earnings beats. The stock was trading at $65.0 as of October 20, with a 52-week return of -5.3%.
October 23, 2023 | 5:01 pm
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Matador Resources is expected to report an EPS of $1.59 in its upcoming earnings. The company's stock has historically dropped following earnings beats, and the 52-week return is -5.3%.
Matador Resources has a history of its stock price dropping following earnings beats. Given this trend and the negative 52-week return, it's likely that the stock price will be negatively impacted in the short term, especially if the company beats the earnings estimate again.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100