• Wed. Sep 28th, 2022

Brigham Minerals Earnings Preview – Benzinga

ByBenzinga Insights

Aug 3, 2022
Brigham Minerals Earnings Preview - Benzinga

Brigham Minerals MNRL is set to give its latest quarterly earnings report on Thursday, 2022-08-04. Here’s what investors need to know before the announcement.

Analysts estimate that Brigham Minerals will report an earnings per share (EPS) of $0.73.

Brigham Minerals bulls will hope to hear the company to announce they’ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat EPS by $0.19, which was followed by a 4.47% increase in the share price the next day.

Here’s a look at Brigham Minerals’s past performance and the resulting price change:







Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.43 0.37 0.28 0.19
EPS Actual 0.62 0.35 0.31 0.25
Price Change % 4.47% -0.14% -0.17% 1.7%







Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.43 0.37 0.28 0.19
EPS Actual 0.62 0.35 0.31 0.25
Price Change % 4.47% -0.14% -0.17% 1.7%

Stock Performance

Shares of Brigham Minerals were trading at $26.36 as of August 02. Over the last 52-week period, shares are up 33.3%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

To track all earnings releases for Brigham Minerals visit their earnings calendar on our site.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.



Image and article originally from www.benzinga.com. Read the original article here.