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.
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IMPORTANCE 80
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