Permian Resources (US:PR) ZACKS·2026-02-18 16:00Core Viewpoint - The market anticipates a year-over-year decline in earnings for Permian Resources due to lower revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - Permian Resources is expected to report quarterly earnings of $0.28 per share, reflecting a year-over-year decrease of 22.2% [3]. - Revenues are projected to be $1.29 billion, a slight decline of 0.3% compared to the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 17.42% over the last 30 days, indicating a bearish sentiment among analysts regarding the company's earnings prospects [4]. - The Most Accurate Estimate for Permian Resources is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -1.35% [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the likely deviation of actual earnings from the consensus estimate, with positive readings being more predictive of earnings beats [9][10]. - Permian Resources currently holds a Zacks Rank of 3, making it challenging to predict an earnings beat [12]. Historical Performance - In the last reported quarter, Permian Resources exceeded the consensus EPS estimate of $0.30 by delivering earnings of $0.37, resulting in a surprise of +23.33% [13]. - Over the past four quarters, the company has beaten consensus EPS estimates two times [14]. Industry Comparison - Gulfport Energy, a peer in the oil and gas exploration and production sector, is expected to report earnings of $5.77 per share, indicating a year-over-year increase of 20.2% [18]. - Gulfport's revenues are anticipated to reach $373.24 million, up 55.6% from the previous year, with an Earnings ESP of +3.02% suggesting a likely earnings beat [19][20].