Research Analysts Offer Predictions for Earthstone Energy Inc.’s Q4 2016 Earnings (ESTE)

Research Analysts Offer Predictions for Earthstone Energy Inc.’s Q4 2016 Earnings (ESTE)

Earthstone Energy Inc. (ARCA:ESTE) – Equities researchers at SunTrust Banks raised their Q4 2016 earnings per share estimates for shares of Earthstone Energy in a research note issued on Thursday. SunTrust Banks analyst N. Dingmann now forecasts that the firm will post earnings of ($0.08) per share for the quarter, up from their previous forecast of ($0.11). SunTrust Banks also issued estimates for Earthstone Energy’s Q1 2017 earnings at $0.04 EPS, Q2 2017 earnings at $0.07 EPS, Q3 2017 earnings at $0.10 EPS, Q4 2017 earnings at $0.16 EPS and FY2017 earnings at $0.36 EPS.

Separately, Seaport Global Securities raised Earthstone Energy from an “accumulate” rating to a “buy” rating in a research note on Wednesday, November 9th.

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