Expand Energy Corporation Set to Announce Q1 Earnings on April 29
Oklahoma City-based Expand Energy Corporation (EXE) functions as an independent natural gas production firm. With a market capitalization of $24.8 billion, the company specializes in discovering, developing, and acquiring reserves of conventional and unconventional natural gas, oil, and natural gas liquids. EXE is gearing up to announce its fiscal first-quarter earnings for 2025 after market closure on Tuesday, April 29.
As the announcement approaches, analysts forecast that EXE will report earnings of $1.71 per share on a diluted basis. This represents an impressive increase of 205.4% compared to last year’s $0.56 per share in the same quarter. Historically, the company has shown mixed results in meeting consensus estimates, having beat expectations in two of the last four quarters while falling short in the remaining two.
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For the entire fiscal year, analysts predict EXE will report earnings per share (EPS) of $8.12, marking a significant rise of 475.9% from $1.41 in fiscal 2024. The forecast for fiscal 2026 shows a further increase of 35.6%, estimating EPS at $11.01.
In terms of stock performance, EXE has outperformed the S&P 500 ($SPX), which recorded a 5.4% gain over the past year. EXE shares increased by 22.2% during the same period, showcasing resilience against the Energy Select Sector SPDR Fund’s (XLE) 13.4% decline.
On February 26, EXE released its Q4 results, leading to a more than 4% dip in share value in the following trading session. The adjusted EPS fell 58% year over year to $0.55, while revenue hit $2 billion, up 2.7% from the previous year.
Overall, analysts maintain a bullish outlook on EXE Stock, granting it a “Strong Buy” rating. Among 26 analysts following the stock, 20 recommend a “Strong Buy,” two suggest a “Moderate Buy,” and four have rated it as a “Hold.” The average price target set by analysts stands at $123.80, indicating a potential upside of 16.3% from current stock levels.
On the date of publication, Neha Panjwani did not hold (either directly or indirectly) any positions in the securities mentioned in this article. All information and data are intended solely for informational purposes. For further details, please refer to the Barchart Disclosure Policy here.
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