* Kosmos Energy Ltd reported quarterly adjusted earnings of 21 cents per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of 16 cents. The mean expectation of three analysts for the quarter was for earnings of 15 cents per share. Wall Street expected results to range from 14 cents to 17 cents per share.
* Revenue rose 6.3% to $419.14 million from a year ago; analysts expected $415.11 million.
* Kosmos Energy Ltd's reported EPS for the quarter was 19 cents.
* The company reported quarterly net income of $91.69 million.
* Kosmos Energy Ltd shares had fallen by 1.5% this quarter and lost 12.5% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 1.5% in the last three months.
* In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 2 "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 Kosmos Energy Ltd is $8.10 This summary was machine generated from LSEG data May 7 at 08:31 a.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
Mar. 31 2024 0.15 0.21 Beat
Dec. 31 2023 0.24 0.31 Beat
Sep. 30 2023 0.21 0.26 Beat
Jun. 30 2023 0.09 0.06 Missed
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