Matador Resources's Earnings Outlook

Matador Resources (NYSE:MTDR) is gearing up to announce its quarterly earnings on Tuesday, 2024-10-22. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Matador Resources will report an earnings per share (EPS) of $1.78.

Anticipation surrounds Matador Resources's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Earnings History Snapshot

In the previous earnings release, the company beat EPS by $0.29, leading to a 1.25% increase in the share price the following trading session.

Here's a look at Matador Resources's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

1.76

1.50

1.78

1.59

EPS Actual

2.05

1.71

1.99

1.86

Price Change %

1.0%

0.0%

3.0%

-2.0%

Matador Resources Share Price Analysis

Shares of Matador Resources were trading at $51.54 as of October 18. Over the last 52-week period, shares are down 18.48%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

Insights Shared by Analysts on Matador Resources

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Matador Resources.

Analysts have given Matador Resources a total of 15 ratings, with the consensus rating ...