Company Overview - Expand Energy (EXE) shares increased by 3.8% to close at $103.80, contrasting with a 0.3% loss over the past four weeks [1] - The stock price benefited from a broader market rally driven by rising natural gas prices and a decision to pause tariff hikes, lowering the tariff rate by 10% for most countries over the next 90 days [2] Financial Performance - The company is expected to report quarterly earnings of $1.62 per share, reflecting a year-over-year increase of 189.3% [3] - Revenues are projected to reach $2.08 billion, marking a 253% increase from the same quarter last year [3] Earnings Estimates - The consensus EPS estimate for Expand Energy has been revised 69.6% higher in the last 30 days, indicating a positive trend that typically leads to price appreciation [4] - The stock currently holds a Zacks Rank of 1 (Strong Buy), suggesting strong market confidence [4] Industry Context - Expand Energy operates within the Zacks Alternative Energy - Other industry, which includes other companies like Gevo, Inc. (GEVO) [4] - Gevo's consensus EPS estimate has changed by +23.1% over the past month, indicating a positive outlook within the same industry [5]
Expand Energy (EXE) Soars 3.8%: Is Further Upside Left in the Stock?