Earnings Preview: Amplify Energy (AMPY) Q4 Earnings Expected to Decline

Company Overview - Amplify Energy (AMPY) is anticipated to report a year-over-year decline in earnings despite an increase in revenues for the quarter ended December 2024, with earnings expected to be $0.25 per share, reflecting a decrease of 76.6$80.09 million, which is a 1.4% increase from the same quarter last year [3] Earnings Expectations - The earnings report is scheduled for release on March 5, 2025, and could influence the stock price significantly depending on whether the actual results exceed or fall short of expectations [2] - The consensus EPS estimate has been revised 30.77% higher in the last 30 days, indicating a reassessment by analysts [4] Earnings Surprise Prediction - The Zacks Earnings ESP (Expected Surprise Prediction) model indicates that the Most Accurate Estimate for Amplify Energy is the same as the Zacks Consensus Estimate, resulting in an Earnings ESP of 0% [10][11] - Despite a Zacks Rank of 1 (Strong Buy), the lack of a positive Earnings ESP makes it challenging to predict an earnings beat [11] Historical Performance - In the last reported quarter, Amplify Energy had an earnings surprise of +68.75%, reporting $0.54 per share against an expectation of$0.32 [12] - Over the past four quarters, the company has surpassed consensus EPS estimates twice [13] Industry Context - W&T Offshore (WTI), another company in the oil and gas exploration and production sector, is expected to report a loss of $0.18 per share for the same quarter, indicating a year-over-year change of -200$128.77 million, but it has an Earnings ESP of 22.22%, suggesting a higher likelihood of beating the consensus EPS estimate [18]