Brokerages expect Tellurian Inc (NASDAQ:TELL) to post earnings per share of ($0.15) for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Tellurian’s earnings. The highest EPS estimate is ($0.04) and the lowest is ($0.21). Tellurian also posted earnings per share of ($0.15) during the same quarter last year. The company is scheduled to report its next earnings report on Wednesday, November 6th.

On average, analysts expect that Tellurian will report full-year earnings of ($0.58) per share for the current financial year, with EPS estimates ranging from ($0.81) to ($0.15). For the next fiscal year, analysts anticipate that the business will report earnings of ($0.44) per share, with EPS estimates ranging from ($0.96) to ($0.19). Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that that provide coverage for Tellurian.

Tellurian (NASDAQ:TELL) last issued its quarterly earnings data on Wednesday, August 7th. The oil and gas producer reported ($0.19) EPS for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.01). Tellurian had a negative return on equity of 48.80% and a negative net margin of 1,074.80%. The business had revenue of $5.33 million during the quarter, compared to analysts’ expectations of $21.39 million. During the same period in the previous year, the business earned ($0.17) earnings per share. The business’s quarterly revenue was up 555.6% on a year-over-year basis.

A number of research firms recently commented on TELL. Stifel Nicolaus cut shares of Tellurian from a “buy” rating to a “hold” rating and dropped their price target for the stock from $16.00 to $9.00 in a research note on Tuesday, July 16th. Gabelli began coverage on shares of Tellurian in a research note on Monday, May 13th. They set a “buy” rating for the company. Finally, BidaskClub cut shares of Tellurian from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 10th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the stock. Tellurian currently has a consensus rating of “Hold” and a consensus price target of $13.38.

Several hedge funds have recently added to or reduced their stakes in TELL. Yaupon Capital Management LP boosted its stake in shares of Tellurian by 602.3% during the 2nd quarter. Yaupon Capital Management LP now owns 1,591,704 shares of the oil and gas producer’s stock worth $12,495,000 after purchasing an additional 1,365,054 shares during the period. Electron Capital Partners LLC boosted its stake in shares of Tellurian by 58.7% during the 1st quarter. Electron Capital Partners LLC now owns 3,069,483 shares of the oil and gas producer’s stock worth $34,378,000 after purchasing an additional 1,135,798 shares during the period. D. E. Shaw & Co. Inc. boosted its stake in shares of Tellurian by 47.6% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 1,445,288 shares of the oil and gas producer’s stock worth $11,346,000 after purchasing an additional 465,888 shares during the period. BlackRock Inc. lifted its holdings in Tellurian by 7.6% during the 2nd quarter. BlackRock Inc. now owns 6,426,162 shares of the oil and gas producer’s stock valued at $50,446,000 after buying an additional 455,246 shares in the last quarter. Finally, Nuveen Asset Management LLC bought a new stake in Tellurian during the 2nd quarter valued at about $3,056,000. 21.43% of the stock is owned by hedge funds and other institutional investors.

Shares of TELL stock traded up $0.53 during trading hours on Friday, reaching $6.35. 2,448,700 shares of the stock were exchanged, compared to its average volume of 2,202,824. Tellurian has a 12-month low of $5.12 and a 12-month high of $11.80. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.24. The company’s 50-day moving average price is $6.80 and its 200-day moving average price is $8.72. The firm has a market capitalization of $1.41 billion, a price-to-earnings ratio of -11.14 and a beta of 1.76.

About Tellurian

Tellurian Inc plans to develop, own, and operate a natural gas business and to deliver natural gas to customers worldwide. The company is developing a portfolio of natural gas production, liquefied natural gas (LNG) marketing, and infrastructure assets that includes an approximately 27.6 million tons per annum LNG export facility and an associated pipeline in southwest Louisiana.

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