U.S. Energy Third Quarter 2024 Earnings: Misses Expectations

Simply Wall St.11-14

U.S. Energy (NASDAQ:USEG) Third Quarter 2024 Results Key Financial Results Revenue: US$4.96m (down 39% from 3Q 2023). Net loss: US$2.25m (loss narrowed by 74% from 3Q 2023). US$0.08 loss per share (...

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All figures shown in the chart above are for the trailing 12 month  period. Revenue missed analyst estimates by 15%. Earnings per share  also missed analyst estimates by 78%.Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Oil and Gas industry in the US.Performance of the American Oil and Gas industry.The company's shares are up 6.2% from a week ago.Before you take the next step you should know about the 4 warning signs for U.S. Energy that we have uncovered.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"USEG":"美国能源"},"translate_title":"美国能源2024年第三季度盈利：未达预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"USEG":0.9},"content_text":"U.S. Energy (NASDAQ:USEG) Third Quarter 2024 Results\nKey Financial Results\n\nRevenue: US$4.96m (down 39% from 3Q 2023).\nNet loss: US$2.25m (loss narrowed by 74% from 3Q 2023).\nUS$0.08 loss per share (improved from US$0.35 loss in 3Q 2023).\n\n\n\n\n  NasdaqCM:USEG Earnings and Revenue Growth November 14th 2024\n \n\nAll figures shown in the chart above are for the trailing 12 month (TTM) period\nU.S. Energy Revenues and Earnings Miss Expectations\n Revenue missed analyst estimates by 15%. Earnings per share (EPS) also missed analyst estimates by 78%. \n Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Oil and Gas industry in the US. \nPerformance of the American Oil and Gas industry.\n The company's shares are up 6.2% from a week ago. \nRisk Analysis\n Before you take the next step you should know about the 4 warning signs for U.S. Energy that we have uncovered. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483820124"}