US Energy Corp reports results for the quarter ended in December - Earnings Summary

Reuters03-27

* US Energy Corp reported a quarterly adjusted loss of 78 cents​​ per share for the quarter ended in December, lower than the same quarter last year, when the company reported EPS of -20 cents. The lone analyst forecast for the quarter was for a loss of 3 cents per share.

* Revenue fell 77.6% to $7.32 million from a year ago; analysts expected $8.87 million.

* US Energy Corp's reported EPS for the quarter was a loss of 78 cents​.

* The company reported a quarterly loss of $19.81 million.

* US Energy Corp shares had risen by 12.0% this quarter.

FORECAST CHANGES

* The mean earnings estimate of analysts was unchanged in the last three months.​

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the oil & gas exploration and production peer group is also "buy"

Wall Street's median 12-month price target for US Energy Corp is $2.00 This summary was machine generated from LSEG data March 26 at 09:49 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Dec. 31 2023 -0.03 -0.78 Missed

Sep. 30 2023 -0.05 -0.35 Missed

Jun. 30 2023 -0.09 -0.10 Missed

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