US Energy Corp reports results for the quarter - Earnings Summary

• US Energy Corp USEG.OQ reported a quarterly adjusted loss of 7 cents​​ per share for the quarter , higher than the same quarter last year, when the company reported EPS of -35 cents. The mean expectation of two analysts for the quarter was for a loss of 4 cents per share. Wall Street expected results to range from -5 cents to -4 cents per share.

• Revenue fell 43.3% to $4.96 million from a year ago; analysts expected $5.82 million.

• US Energy Corp's reported EPS for the quarter was a loss of 8 cents​.

• The company reported a quarterly loss of $2.25 million.

• US Energy Corp shares had risen by 27.8% this quarter and gained 47.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 12.5% 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 November 12 at 03:27 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)