Amplify Energy (AMPY) Lags Q4 Earnings and Revenue Estimates

Company Performance - Amplify Energy reported quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of$ 0.25 per share, and down from $1.07 per share a year ago, representing an earnings surprise of -48% [1] - The company posted revenues of$ 69.02 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 13.82%, and down from $78.99 million year-over-year [2] - Over the last four quarters, Amplify Energy has surpassed consensus EPS estimates only once and has not beaten consensus revenue estimates during the same period [2] Stock Performance - Amplify Energy shares have declined approximately 24.2% since the beginning of the year, contrasting with the S&P 500's decline of -1.8% [3] - The company's earnings outlook is crucial for understanding future stock movements, with current consensus EPS estimates at$ 0.34 for the coming quarter and $1.30 for the current fiscal year [7] Industry Context - The Oil and Gas - Exploration and Production - United States industry, to which Amplify Energy belongs, is currently in the top 10% of over 250 Zacks industries, indicating a favorable industry outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Amplify Energy's stock performance [5][6]