Core Viewpoint - Sitio Royalties reported quarterly earnings of $0.08 per share, exceeding the Zacks Consensus Estimate of $0.04 per share, but down from $0.15 per share a year ago, indicating a 100% earnings surprise [1][2] Financial Performance - The company achieved revenues of $145.66 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 6.71%, although this represents a decline from $168.55 million in the same quarter last year [2] - Over the last four quarters, Sitio Royalties has exceeded consensus EPS estimates three times and has also topped consensus revenue estimates three times [2] Stock Performance - Sitio Royalties shares have declined approximately 8% since the beginning of the year, contrasting with the S&P 500's gain of 6.1% [3] - The current Zacks Rank for Sitio Royalties is 3 (Hold), suggesting that the shares are expected to perform in line with the market in the near future [6] Earnings Outlook - The consensus EPS estimate for the upcoming quarter is $0.05 on revenues of $134 million, while the estimate for the current fiscal year is $0.28 on revenues of $565 million [7] - The trend of estimate revisions for Sitio Royalties was mixed prior to the earnings release, and future changes in estimates will be closely monitored [6][7] Industry Context - The Oil and Gas - Royalty Trust - United States industry is currently ranked in the top 7% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% of industries [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
Sitio Royalties (STR) Beats Q2 Earnings and Revenue Estimates