Magnolia Oil & Gas Corp (MGY) Earnings Date & Estimates

Magnolia Oil & Gas Corp - Class A MGY: $21.78

, , , . | Sector: Mining, Quarrying, and Oil and Gas Extraction | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.magnoliaoilgas.com

Next Earning Date: Magnolia Oil & Gas Corp (MGY) is expected to release their earnings report on 2021-11-01.

Magnolia Oil & Gas Corp (MGY) Stock Earning Per Share (EPS) Forecast / Estimate


$0.689
The average consensus EPS for MGY is $0.689 with a high estimate of $0.933 and Low of $0.461 for the period 2021-12-31 and based on 15 Institutional Analysts.

Last Quarter


Actual
Estimate
Date
$$0.61672021-09-30


Earning Per Share (EPS) History


Actual
Estimate
Date
$$0.61672021-09-30
$0.56$0.41112021-06-30
$0.38$0.2662021-03-31
$0.15$0.10362020-12-31
$0.06$0.06882020-09-30
$-0.08$-0.06462020-06-30
$-0.11$-0.07892020-03-31
$0.05$0.07042019-12-31
$0.05$0.09452019-09-30
$0.12$0.15762019-06-30
$0.08$0.14352019-03-31
$0.21$0.2932018-12-31
$0.45$0.42982018-09-30
$-0.04$0.89392018-06-30

What is Earnings Per Share (EPS) and Why is it Important?

EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

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