Equities research analysts expect Tellurian Inc (NASDAQ:TELL) to announce earnings of ($0.19) per share for the current quarter, according to Zacks. Four analysts have made estimates for Tellurian’s earnings. The lowest EPS estimate is ($0.22) and the highest is ($0.15). Tellurian also posted earnings per share of ($0.19) during the same quarter last year. The company is scheduled to announce its next earnings report on Wednesday, August 5th.

On average, analysts expect that Tellurian will report full-year earnings of ($0.48) per share for the current financial year, with EPS estimates ranging from ($0.73) to ($0.24). For the next financial year, analysts anticipate that the firm will report earnings of ($0.38) per share, with EPS estimates ranging from ($0.64) to ($0.18). Zacks Investment Research’s EPS calculations are an average based on a survey of research firms that that provide coverage for Tellurian.

Tellurian (NASDAQ:TELL) last released its quarterly earnings results on Monday, May 4th. The oil and gas producer reported ($0.18) EPS for the quarter, missing the consensus estimate of ($0.14) by ($0.04). The company had revenue of $8.22 million for the quarter, compared to analyst estimates of $6.42 million. Tellurian had a negative return on equity of 83.65% and a negative net margin of 494.44%.

TELL has been the topic of several analyst reports. Robert W. Baird downgraded Tellurian from an “outperform” rating to a “neutral” rating and dropped their price objective for the stock from $5.00 to $2.00 in a report on Monday, March 9th. Raymond James downgraded Tellurian from an “outperform” rating to a “market perform” rating in a report on Thursday, March 12th. BidaskClub upgraded Tellurian from a “strong sell” rating to a “sell” rating in a report on Saturday, June 13th. Credit Suisse Group restated a “neutral” rating on shares of Tellurian in a report on Thursday, March 12th. Finally, Seaport Global Securities downgraded Tellurian from a “buy” rating to a “neutral” rating in a report on Tuesday, March 3rd. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $6.50.

Tellurian stock remained flat at $$1.13 during midday trading on Thursday. The company had a trading volume of 1,276,302 shares, compared to its average volume of 9,141,886. The stock has a fifty day simple moving average of $1.14 and a two-hundred day simple moving average of $3.54. The company has a market cap of $286.45 million, a P/E ratio of -1.54 and a beta of 2.88. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.88. Tellurian has a 12-month low of $0.67 and a 12-month high of $9.28.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Advisor Group Inc. boosted its position in Tellurian by 50.5% during the 4th quarter. Advisor Group Inc. now owns 4,900 shares of the oil and gas producer’s stock valued at $36,000 after purchasing an additional 1,645 shares during the period. Ladenburg Thalmann Financial Services Inc. lifted its holdings in shares of Tellurian by 139.9% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 9,747 shares of the oil and gas producer’s stock valued at $71,000 after buying an additional 5,684 shares during the period. ProShare Advisors LLC lifted its holdings in shares of Tellurian by 19.0% in the fourth quarter. ProShare Advisors LLC now owns 12,802 shares of the oil and gas producer’s stock valued at $93,000 after buying an additional 2,044 shares during the period. Cipher Capital LP acquired a new stake in shares of Tellurian in the fourth quarter valued at $176,000. Finally, Victory Capital Management Inc. lifted its holdings in shares of Tellurian by 14.7% in the fourth quarter. Victory Capital Management Inc. now owns 24,500 shares of the oil and gas producer’s stock valued at $178,000 after buying an additional 3,143 shares during the period. Institutional investors and hedge funds own 14.31% of the company’s stock.

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.

Further Reading: Commodities

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Earnings History and Estimates for Tellurian (NASDAQ:TELL)

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