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Lilis Energy (NYSE:LLEX) announces its next round of earnings this Friday, August 9. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement.
Earnings and Revenue
Lilis Energy EPS is expected to be around a loss of 10 cents according to sell-side analysts. Sales will likely be near $21.30 million.
In the same quarter last year, Lilis Energy posted a loss of 53 cents on sales of $17.48 million. Sales would be have grown 21.83% from the same quarter last year. Here's how the company's EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 |
| EPS Estimate | -0.110 | -0.06 | ||
| EPS Actual | -0.350 | 0 | -0.09 | -0.53 |
Stock Performance
Over the last 52-week period, shares are down 92.81%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The average rating by analysts on Lilis Energy stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Lilis Energy is scheduled to hold a conference call at 11:00 a.m. ET and can be accessed here: http://dpregister.com/DiamondPassRegistration/register?linkSecurityString=78449&confirmationNumber=10133835
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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