Core Viewpoint - Excelerate Energy is positioned well to continue its streak of beating earnings estimates, having consistently exceeded expectations in recent quarters [1][2]. Group 1: Earnings Performance - For the most recent quarter, Excelerate Energy reported earnings of 0.32 per share, resulting in a surprise of 25% [2]. - In the previous quarter, the company reported 0.32 per share, achieving a surprise of 9.38% [2]. - The average surprise for the last two quarters was 17.19% [1]. Group 2: Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for Excelerate Energy, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [5][8]. - The current Earnings ESP for Excelerate Energy is +1.84%, suggesting analysts have recently become more optimistic about the company's earnings prospects [8]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6]. Group 3: Zacks Rank and Future Outlook - Excelerate Energy holds a Zacks Rank of 1 (Strong Buy), which, combined with its positive Earnings ESP, indicates a high probability of another earnings beat [8]. - The next earnings report for Excelerate Energy is expected to be released on May 7, 2025 [8].
Will Excelerate Energy (EE) Beat Estimates Again in Its Next Earnings Report?