Q4 2016 EPS Estimates for Earthstone Energy Inc. (ESTE) Lifted by Analyst
Earthstone Energy Inc. (ARCA:ESTE) – Equities researchers at SunTrust Banks boosted their Q4 2016 earnings per share estimates for Earthstone Energy in a report released on Thursday. SunTrust Banks analyst N. Dingmann now anticipates that the firm will earn ($0.08) per share for the quarter, up from their prior forecast of ($0.11). SunTrust Banks also issued estimates for Earthstone Energy’s Q1 2017 earnings at $0.04 EPS, Q2 2017 earnings at $0.07 EPS, Q3 2017 earnings at $0.10 EPS, Q4 2017 earnings at $0.16 EPS and FY2017 earnings at $0.36 EPS.
Separately, Seaport Global Securities raised Earthstone Energy from an “accumulate” rating to a “buy” rating in a research note on Wednesday, November 9th.
Earthstone Energy (ARCA:ESTE) opened at 13.05 on Monday. Earthstone Energy has a 12-month low of $7.67 and a 12-month high of $18.50. The stock has a 50 day moving average price of $9.36 and a 200-day moving average price of $10.65. The company’s market cap is $290.66 million.
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