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Excelerate Energy (EE) Surpasses Q2 Earnings Estimates
ZACKSยท 2025-08-11 12:55
Core Viewpoint - Excelerate Energy reported quarterly earnings of $0.34 per share, exceeding the Zacks Consensus Estimate of $0.32 per share, and showing an increase from $0.26 per share a year ago [1][2] Financial Performance - The earnings surprise for the quarter was +6.25%, and the company has surpassed consensus EPS estimates in all four of the last quarters [2] - Revenues for the quarter were $204.56 million, which missed the Zacks Consensus Estimate by 16.65%, but increased from $183.33 million year-over-year [3] - The current consensus EPS estimate for the upcoming quarter is $0.35, with expected revenues of $283.37 million, and for the current fiscal year, the EPS estimate is $1.45 on revenues of $1.13 billion [8] Market Performance - Excelerate Energy shares have declined approximately 19.6% since the beginning of the year, contrasting with the S&P 500's gain of 8.6% [4] - The stock currently holds a Zacks Rank 4 (Sell), indicating expectations of underperformance in the near future [7] Industry Outlook - The Alternative Energy - Other industry, to which Excelerate Energy belongs, is currently ranked in the bottom 33% of over 250 Zacks industries, suggesting potential challenges ahead [9] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Excelerate Energy's stock performance [6]