RE:Low Expectations for all Q1Q1 of 2022 they booked a loss of $-.10 per share
Q1 consensus estimates put EPS at $0.48 which is 580% higher than Q1 2022
That should be enough of an increase to please any money manager or investor.
Throw in reduced longterm and total net debt with over 50 million less shares.
We can expect a bump.
GLTA ARX BULLS
ReitsRus wrote: Even though there will be positive earnings we have to remember Q1 isn't going to be spectacular for all O&G Q1 and we really can't compare to Q1 2022 with Oil $100 and NG $7-$9. Judging by some earnings so far I'm expecting to see 50% of last year. Q2/Q3 should be much better for all. RBC raised ARX to $22. In for the long Haul here!