* Talos Energy Inc reported a quarterly adjusted loss of 14 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 15 cents. The mean expectation of ten analysts for the quarter was for a loss of 6 cents per share. Wall Street expected results to range from -17 cents to 6 cents per share.
* Revenue rose 32.9% to $509.29 million from a year ago; analysts expected $500.14 million.
* Talos Energy Inc's reported EPS for the quarter was 49 cents.
* The company reported quarterly net income of $88.17 million.
* Talos Energy Inc shares had risen by 14.3% this quarter and lost 16.9% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 167.1% in the last three months.
* In the last 30 days, nine analysts negatively revised earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 1 "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 Talos Energy Inc is 16.00 This summary was machine generated from LSEG data November 12 at 03:41 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
Sep. 30 2024 -0.06 -0.14 Missed
Jun. 30 2024 -0.13 0.03 Beat
Mar. 31 2024 -0.10 -0.13 Missed
Dec. 31 2023 0.17 -0.01 Missed
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