Equities analysts predict that Jones Energy Inc (NYSE:JONE) will report ($0.22) earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Jones Energy’s earnings. Jones Energy posted earnings of ($2.60) per share during the same quarter last year, which suggests a positive year over year growth rate of 91.5%. The firm is scheduled to report its next earnings report on Tuesday, November 6th.
On average, analysts expect that Jones Energy will report full year earnings of ($4.15) per share for the current financial year. For the next financial year, analysts forecast that the company will post earnings of ($13.96) per share, with EPS estimates ranging from ($17.11) to ($10.81). Zacks’ EPS calculations are an average based on a survey of sell-side research firms that cover Jones Energy.
Jones Energy (NYSE:JONE) last posted its quarterly earnings data on Monday, August 6th. The oil and gas producer reported ($5.80) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($5.40) by ($0.40). The company had revenue of $65.26 million for the quarter, compared to analyst estimates of $56.57 million. Jones Energy had a negative return on equity of 16.15% and a negative net margin of 38.28%.
NYSE:JONE traded down $0.91 during trading hours on Friday, reaching $3.41. 325,800 shares of the company were exchanged, compared to its average volume of 65,081. The company has a debt-to-equity ratio of 1.94, a quick ratio of 1.28 and a current ratio of 1.28. The stock has a market capitalization of $23.25 million, a PE ratio of -0.46 and a beta of 2.69. Jones Energy has a twelve month low of $3.41 and a twelve month high of $696.00.
An institutional investor recently raised its position in Jones Energy stock. Wolverine Asset Management LLC grew its holdings in Jones Energy Inc (NYSE:JONE) by 249,244.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 775,461 shares of the oil and gas producer’s stock after buying an additional 775,150 shares during the period. Wolverine Asset Management LLC owned 0.76% of Jones Energy worth $288,000 as of its most recent filing with the Securities & Exchange Commission.
Jones Energy Company Profile
Jones Energy, Inc, an independent oil and gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties in the mid-continent United States. It owns leasehold interests in oil and natural gas producing properties, as well as in undeveloped acreage located in the Anadarko Basin in Oklahoma and Texas.
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