Excelerate Energy Inc reports results for the quarter ended September 30 - Earnings Summary

• Excelerate Energy Inc EE.N reported quarterly adjusted earnings of 43 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 35 cents. The mean expectation of ten analysts for the quarter was for earnings of 30 cents per share. Wall Street expected results to range from 23 cents to 37 cents per share.

• Revenue rose 102.2% to $391.04 million from a year ago; analysts expected $272.19 million.

• Excelerate Energy Inc's reported EPS for the quarter was 43 cents​.

• The company reported quarterly net income of $13.95 million.

• Excelerate Energy Inc shares had risen by 4.4% this quarter and lost 13.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 14.4% 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 7 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the natural gas utilities peer group is also "buy"

• Wall Street's median 12-month price target for Excelerate Energy Inc is $34.50, about 23.7% above its last closing price of $26.31

This summary was machine generated from LSEG data November 6 at 05:22 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)