-$0.10 EPS Expected for Lilis Energy Inc. (NASDAQ:LLEX) This Quarter

Equities research analysts forecast that Lilis Energy Inc. (NASDAQ:LLEX) will post earnings per share (EPS) of ($0.10) for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Lilis Energy’s earnings. The lowest EPS estimate is ($0.13) and the highest is ($0.07). The company is scheduled to report its next quarterly earnings results on Thursday, February 6th.

On average, analysts expect that Lilis Energy will report full-year earnings of ($0.55) per share for the current fiscal year. For the next financial year, analysts forecast that the business will post earnings of ($0.29) per share, with EPS estimates ranging from ($0.49) to ($0.12). Zacks’ earnings per share calculations are a mean average based on a survey of analysts that follow Lilis Energy.

Lilis Energy (NASDAQ:LLEX) last posted its earnings results on Thursday, November 7th. The company reported ($0.12) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.01. The company had revenue of $11.60 million during the quarter, compared to analysts’ expectations of $12.05 million.

Separately, Seaport Global Securities cut Lilis Energy from a “buy” rating to a “neutral” rating in a research report on Thursday, October 10th.

Lilis Energy stock remained flat at $$0.15 during mid-day trading on Wednesday. The company’s stock had a trading volume of 916,973 shares, compared to its average volume of 507,369. The business has a 50-day simple moving average of $0.20. Lilis Energy has a one year low of $0.13 and a one year high of $2.45.

Lilis Energy Company Profile

Lilis Energy, Inc, an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of conventional and unconventional oil and natural gas properties. Its total net acreage in the Delaware Basin is approximately 20,400 acres. The company's oil and natural gas properties are located in the Delaware Basin in Winkler, Loving, and Reeves counties, Texas; and Lea County, New Mexico.

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