Analysts Estimate HighPeak Energy, Inc. (HPK) to Report a Decline in Earnings: What to Look Out for

Core Viewpoint - HighPeak Energy, Inc. is expected to report a year-over-year decline in earnings and revenues for the quarter ended December 2024, with significant implications for its stock price depending on the actual results compared to estimates [1][3]. Earnings Expectations - The consensus estimate for HighPeak Energy's quarterly earnings is $0.13 per share, reflecting a year-over-year decrease of 80.3% [3]. - Expected revenues are $246.92 million, which is an 18% decline from the same quarter last year [3]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised 17.07% higher, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for HighPeak Energy is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -20%, suggesting a bearish outlook from analysts [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict deviations from consensus estimates, with positive readings being more reliable [7][8]. - HighPeak Energy's current Zacks Rank is 3 (Hold), complicating predictions of an earnings beat [11]. Historical Performance - In the last reported quarter, HighPeak Energy exceeded expectations with earnings of $0.35 per share against an estimate of $0.23, resulting in a surprise of +52.17% [12]. - Over the past four quarters, the company has beaten consensus EPS estimates two times [13]. Industry Comparison - Riley Exploration Permian, Inc., another player in the oil and gas sector, is expected to report earnings of $1.61 per share, indicating a year-over-year increase of 130% [17]. - Riley Exploration's revenues are projected to be $104.77 million, up 5% from the previous year, with a consensus EPS estimate revised 4.9% higher in the last 30 days [18].