Several analysts have predicted that the stocks of MUR would be posting an EPS of $0.07 for the quarter, as mentioned by Zacks. According to a report put forward, most analysts have posted the estimates on the earnings of the company- whilst comparing with the highest and lowest range of earnings.
The highest estimate for EPS reported has been at $0.01, while the lowest has gone all the way down to $0.17. The company did post an EPS of $0.16 the previous year, which indicates a negative annual growth rate of about 143.8% MUR would be posting their next quarterly earnings results on the 28th of January.
The Quarterly Earnings of MUR
The stocks of MUR came up with their previous quarterly earnings results on the 5th of November. The producer of gas and oil reported an EPS of $0.15 for this quarter, which competed with the consensus estimate set at $0.18. The company had a net margin which was at a negative 46.10%, with the return on its equity at a negative 3.06%. The revenue earned by the company for this quarter was $421.87 million, which was compared with the estimate of analysts at $474.04 million.
There have been quite a few research analysts who have commented on the stocks of MUR. KeyCorp has increased the price target on the shares of the company from $13 to $15, along with a rating of overweight on the stocks of the firm. Morgan Stanley also gave the company a rating of equal weight from a previous rating of underweight, along with a price objective that was set at $14, which was published in an 11th December research report.
Scotiabank, on the other hand, went ahead and lowered the price objective of the firm from $13 to $11 in a research report, along with the rating of the company which was fixed at underperform.
Three of the analysts covering the stocks of MUR have given it a rating of sell, while eight of them have given it a rating of hold. Six of them have given it a rating of buy. The price target of the company is $13.03, and the rating is set at hold.