Will Permian Resources (PR) Beat Estimates Again in Its Next Earnings Report?

Core Insights - Permian Resources has consistently surpassed earnings estimates, with an average beat of 7.63% over the last two quarters [1][4] - The company reported earnings of $0.36 per share for the last quarter, exceeding the Zacks Consensus Estimate of $0.34 per share by 5.88% [2] - The positive Earnings ESP of +3.18% indicates bullish sentiment among analysts regarding the company's near-term earnings potential [7] Earnings Performance - In the previous quarter, Permian Resources was expected to earn $0.32 per share but delivered $0.35 per share, resulting in a surprise of 9.38% [2] - The company's earnings history suggests a strong likelihood of continued performance above estimates, supported by a positive Earnings ESP and a Zacks Rank of 3 (Hold) [4][7] Earnings ESP and Predictions - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, indicating that analysts' revisions may provide more accurate predictions [6] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [5] - The next earnings report for Permian Resources is anticipated on May 7, 2025, which could further validate the positive outlook [7]