An Overview of SandRidge Energy's Earnings

SandRidge Energy SD is preparing to release its quarterly earnings on Wednesday, 2024-11-06. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect SandRidge Energy to report an earnings per share (EPS) of $0.27.

SandRidge Energy bulls will hope to hear the company 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).

Here's a look at SandRidge Energy's past performance and the resulting price change:

Market Performance of SandRidge Energy's Stock

Shares of SandRidge Energy were trading at $11.12 as of November 04. Over the last 52-week period, shares are down 20.37%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

To track all earnings releases for SandRidge Energy visit their earnings calendar on our site.

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