Prairie Operating Co reports results for the quarter ended December 31 - Earnings Summary

• Prairie Operating Co PROP.OQ reported quarterly adjusted earnings of 10 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -87 cents. The mean expectation of four analysts for the quarter was for earnings of 17 cents per share. Wall Street expected results to range from 16 cents to 18 cents per share.

• Revenue rose 945.6% to $83.01 million from a year ago; analysts expected $106.33 million.

• Prairie Operating Co's reported EPS for the quarter was 31 cents​.

• The company reported quarterly net income of $6.57 million.

• Prairie Operating Co shares had risen by 17.8% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 30% 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 3 "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 Prairie Operating Co is $3.75, about 46.9% above its last closing price of $1.99

This summary was machine generated from LSEG data March 31 at 09:01 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)