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Is CRGY a Buy, Before Earnings? – TipRanks Financial Blog

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Crescent Energy Company Class A (CRGY) is scheduled to report 1st quarter earnings on 05/06/2024, after the market closes.

Regarding Q1 estimates, Wall Street analysts expect Crescent Energy Company Class A to post earnings of $0.20 per share. Revenue expectations are pegged at $583.33 million. Last quarter, Crescent Energy Company Class A beat earnings estimates, reporting EPS of $0.30 on estimates of $0.19. The stock rose by 7.27% the day after the last earnings release.

Year-to-date, CRGY stock has fallen by -19.07%.

Is Crescent Energy Company Class A Stock a Buy?

Wall Street’s consensus rating for CRGY stock is a Moderate Buy, with an average analyst price target of $16.00, implying upside potential of 51.37% from current levels.

CRGY shares have lost about -13.50% in the past six months.

About Crescent Energy Company Class A

Crescent Energy Co is a diversified, well capitalized, U.S. independent energy company with a portfolio of assets in key proven basins across the lower 48 states.

Stay up-to-date on earnings this week, with TipRanks’ Earnings Calendar.

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