APA (APA) Earnings Expected to Grow: Should You Buy?

Company Overview - APA is expected to report a year-over-year increase in earnings, with a projected EPS of $0.83, reflecting a +6.4% change, and revenues anticipated at $2.18 billion, up 14.6% from the previous year [3][4] - The earnings report is scheduled for May 7, 2025, and could influence stock movement depending on whether the results meet or exceed expectations [2] Earnings Estimates and Revisions - The consensus EPS estimate for APA has been revised 13.6% lower in the last 30 days, indicating a reassessment by analysts [4] - The Most Accurate Estimate for APA is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +5.13%, suggesting a likelihood of beating the consensus EPS estimate [10][11] Earnings Surprise History - In the last reported quarter, APA was expected to post earnings of $0.97 per share but only achieved $0.79, resulting in a surprise of -18.56% [12] - Over the past four quarters, APA has only beaten consensus EPS estimates once [13] Industry Context - Chord Energy Corporation, a peer in the oil and gas sector, is expected to report earnings of $3.56 per share, indicating a year-over-year decline of -30.2%, with revenues projected at $1.26 billion, up 15.7% [17] - The consensus EPS estimate for Chord Energy has been revised 10.3% lower, but a higher Most Accurate Estimate has resulted in an Earnings ESP of 1.14%, indicating a likelihood of beating the consensus EPS estimate [18]