Q4 2016 Earnings Estimate for Earthstone Energy Inc. Issued By Seaport Global Securities (ESTE)
Earthstone Energy Inc. (ARCA:ESTE) – Research analysts at Seaport Global Securities cut their Q4 2016 earnings per share (EPS) estimates for shares of Earthstone Energy in a research note issued on Wednesday. Seaport Global Securities analyst M. Kelly now forecasts that the firm will earn ($0.12) per share for the quarter, down from their prior forecast of $0.01. Seaport Global Securities currently has a “Buy” rating on the stock. Seaport Global Securities also issued estimates for Earthstone Energy’s Q1 2017 earnings at ($0.03) EPS and FY2017 earnings at $0.20 EPS.
Earthstone Energy (ARCA:ESTE) opened at 12.86 on Friday. Earthstone Energy has a 52-week low of $7.67 and a 52-week high of $18.50. The firm’s 50-day moving average is $9.36 and its 200-day moving average is $10.65. The firm’s market capitalization is $286.43 million.
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