Analysts Estimate TXO Partners LP (TXO) to Report a Decline in Earnings: What to Look Out for

Core Viewpoint - The market anticipates TXO Partners LP (TXO) will report a year-over-year decline in earnings due to lower revenues for the quarter ended September 2024, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - TXO is expected to post quarterly earnings of $0.07 per share, reflecting a year-over-year decrease of 74.1% [3]. - Revenues are projected to be $64.6 million, down 7.5% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 1.39% higher in the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for TXO matches the Zacks Consensus Estimate, resulting in an Earnings ESP of 0% [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the potential deviation of actual earnings from the consensus estimate, with positive readings being more predictive of earnings beats [6][7]. - A positive Earnings ESP combined with a strong Zacks Rank (1, 2, or 3) has shown a nearly 70% success rate for predicting earnings beats [8]. Historical Performance - In the last reported quarter, TXO was expected to earn $0.19 per share but only achieved $0.09, resulting in a surprise of -52.63% [12]. - Over the past four quarters, TXO has beaten consensus EPS estimates twice [13]. Conclusion - TXO Partners LP does not currently appear to be a strong candidate for an earnings beat, and investors should consider other factors when making investment decisions ahead of the earnings release [16].