Amplify Energy Corp. (NASDAQ:AMPY) Expected to Post Earnings of $0.15 Per Share
Equities analysts expect that Amplify Energy Corp. (NASDAQ:AMPY) will post earnings per share of $0.15 for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Amplify Energy’s earnings, with estimates ranging from $0.10 to $0.19. Amplify Energy reported earnings of $1.38 per share during the same quarter last year, which indicates a negative year over year growth rate of 89.1%. The business is expected to announce its next quarterly earnings results on Wednesday, March 11th.
On average, analysts expect that Amplify Energy will report full year earnings of $0.28 per share for the current financial year. For the next year, analysts anticipate that the business will post earnings of $0.72 per share, with EPS estimates ranging from $0.49 to $0.94. Zacks’ EPS calculations are an average based on a survey of research firms that cover Amplify Energy.
Amplify Energy (NASDAQ:AMPY) last released its quarterly earnings results on Wednesday, November 6th. The company reported $0.15 earnings per share (EPS) for the quarter. The firm had revenue of $72.96 million for the quarter.
Shares of AMPY stock traded up $0.07 on Friday, reaching $5.25. 6,054 shares of the stock were exchanged, compared to its average volume of 254,162. Amplify Energy has a 1-year low of $4.01 and a 1-year high of $13.23.
Amplify Energy Company Profile
Amplify Energy Corp. engages in the acquisition, development, exploitation, and production of oil and natural gas properties in the United States. The company's properties consist of operated and non-operated working interests in producing and undeveloped leasehold acreage, as well as working interests in identified producing wells located in the Rockies, federal waters offshore Southern California, East Texas/North Louisiana, and South Texas.
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