Excelerate Energy, Inc. (EE) shares plummeted 6.81% in pre-market trading following the release of its first-quarter 2026 financial results.
The company reported adjusted earnings per share of 37 cents for the quarter ended March 31, missing the analyst consensus estimate of 38 cents. This represents a decline from the 49 cents per share reported in the same period last year. While revenue surged 37.6% year-over-year to $433.44 million, surpassing expectations of $351.67 million, the earnings shortfall appears to have driven negative investor sentiment.
Analyst estimates for the company had already been trending downward, with the mean earnings estimate falling about 1.7% over the last three months and one analyst issuing a negative revision in the past 30 days.
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