Analysts expect Tellurian Inc. (NASDAQ:TELL) to announce earnings per share (EPS) of ($0.04) for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for Tellurian’s earnings, with estimates ranging from ($0.08) to ($0.02). The firm is expected to report its next quarterly earnings report on Wednesday, February 23rd.
On average, analysts expect that Tellurian will report full year earnings of ($0.23) per share for the current fiscal year, with EPS estimates ranging from ($0.28) to ($0.20). For the next fiscal year, analysts forecast that the firm will report earnings of ($0.12) per share, with EPS estimates ranging from ($0.52) to $0.11. Zacks’ EPS averages are a mean average based on a survey of sell-side research firms that cover Tellurian.
Tellurian (NASDAQ:TELL) last posted its quarterly earnings data on Wednesday, November 3rd. The oil and gas producer reported ($0.04) EPS for the quarter, hitting the Zacks’ consensus estimate of ($0.04). The company had revenue of $15.64 million for the quarter, compared to analyst estimates of $30.21 million. Tellurian had a negative return on equity of 37.98% and a negative net margin of 146.03%.
Separately, Zacks Investment Research raised Tellurian from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 26th. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $5.83.
In related news, Director James Donald Bennett purchased 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 10th. The stock was acquired at an average price of $4.05 per share, for a total transaction of $81,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 15.80% of the company’s…
