Investing Smarter Today For A Brighter Tomorrow EXCO Resources, Inc. (XCO)
EXCO Resources, Inc. (NYSE:XCO) is expected to announce second quarter financial results after market close (confirmed) on December 31, 1969. The company added about -62.1% percent in value since last earnings when it was at $6.30. Based on the most relevant historical data, there is a 55 percent probability for share price to go down following the next earnings report. Looking further into earnings reaction history, the stock had moved down 16 times out of last 29 quarters. It has topped earnings-per-share estimates 50% of the time in its last 12 earnings reports. It missed earnings on 2 occasions, and it has met expectations 1 time.
EXCO Resources, Inc. (NYSE:XCO) Earnings Reaction History
Overall, the average earnings surprise was 22.15 percent over the past four quarters. Back on Jul 03, it posted earnings per share at $-0.3 which missed the consensus $-0.15 projection (Negative surprise of -100.00%). Revenue came in at $83.53M versus consensus estimate of $88M. The stock dropped -4.76% percent the day following the earnings was released, and on 7th day price change was -4.13% percent.
On March 16, 2017, it posted earnings per share at $0 versus the consensus estimate of $-0.6 (Positive surprise of 100.00%). Revenue of $93.74M was below the $93.8M analysts had expected. The stock dropped 1.88% the day following the earnings was released, and on 7th day price change was -23.85%.
On November 01, 2016, it posted earnings per share at $-0.3, topped the consensus estimate of $-0.75 (Positive surprise of 60.00%). Revenue for the quarter was $86.32M while analysts had expected revenues to come in at $88.8M. The stock fell -4.72% the day following the earnings was released, and on 7th day price change was 2.34%.
On August 02, 2016, it posted earnings per share at $-0.75 compared with the consensus estimate of $-1.05 (Positive surprise of 28.60%). That came on revenues of $127.79M for the quarter. Analysts had expected $138.89M in revenue.
EXCO Resources, Inc. (NYSE:XCO) Earnings Expectations
In front of Q3 earnings release, Wall Street is expecting earnings per share of $-0.27. The analysts’ current consensus range is $-0.27-$-0.27 for EPS. The market consensus range for revenue is $N/A-$N/A, with an average of $N/A.
EXCO Resources, Inc. (NYSE:XCO) last closed at $2.39, sending the company’s market cap around $44.63M. The consensus 12-month price target from brokerage firms covering the stock is $7.50 . The share price has declined -88.60% from its best level in 52 weeks and advanced -81.99% this year. It recently traded in a range of $2.3599-$2.49 at a volume of 510,546 shares. The stock ended last trading session with the price nearly 26.20% higher for the last 5 trading days, rebounding 65.17% from its 52-week low.