Matador Resources's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Matador Resources is set to announce its quarterly earnings on October 22, 2024, with analysts estimating an EPS of $1.78. The company has a history of surpassing EPS estimates, which previously led to a share price increase. Despite a 52-week share price decline of 18.48%, analysts rate Matador as 'Outperform' with a price target suggesting a 50.04% upside. Matador leads its peers in revenue growth and gross profit margin but lags in return on equity.
October 21, 2024 | 3:02 pm
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Matador Resources is expected to announce its quarterly earnings with an EPS estimate of $1.78. The company has a track record of beating estimates, which previously led to share price increases. Analysts rate the stock as 'Outperform' with a significant upside potential.
Matador Resources has a history of surpassing EPS estimates, which has previously resulted in positive share price movements. The current analyst rating of 'Outperform' and a significant upside potential in the price target suggest a positive short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100