Magnolia Oil & Gas Corp (MGY) Expected to Beat Earnings Estimates: Should You Buy?

Core Viewpoint - Magnolia Oil & Gas Corp (MGY) is anticipated to report a year-over-year decline in earnings due to lower revenues for the quarter ended June 2025, with a consensus EPS estimate of $0.40, reflecting a -28.6% change from the previous year, and revenues expected to be $310.15 million, down 7.9% [1][3][19] Earnings Expectations - The earnings report is scheduled for release on July 30, and if the results exceed expectations, the stock may rise; conversely, a miss could lead to a decline [2] - The consensus EPS estimate has been revised 4.8% higher in the last 30 days, indicating a reassessment by analysts [4][19] Earnings Surprise Prediction - Magnolia Oil & Gas Corp has a positive Earnings ESP of +0.50%, suggesting analysts are optimistic about the company's earnings prospects [12][19] - The company holds a Zacks Rank of 3 (Hold), indicating a likelihood of beating the consensus EPS estimate [12][20] Historical Performance - In the last reported quarter, the company exceeded the expected EPS of $0.53 by delivering $0.55, resulting in a surprise of +3.77% [13] - Over the past four quarters, Magnolia Oil & Gas Corp has consistently beaten consensus EPS estimates [14] Industry Context - Within the Zacks Oil and Gas - Exploration and Production - United States industry, Magnolia Oil & Gas Corp is positioned to report earnings of $0.40 per share for the quarter ended June 2025, with a revenue expectation of $310.15 million [18][19]