Compared to Estimates, Crescent Energy (CRGY) Q1 Earnings: A Look at Key Metrics

For the quarter ended March 2025, Crescent Energy (CRGY) reported revenue of $950.17 million, up 44.5% over the same period last year. EPS came in at $0.56, compared to $0.46 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $937.06 million, representing a surprise of +1.40%. The company delivered an EPS surprise of +19.15%, with the consensus EPS estimate being $0.47.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Crescent Energy performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Average daily net sales volumes Total: 258 millions of barrels of oil equivalent compared to the 259.04 millions of barrels of oil equivalent average estimate based on four analysts. Average daily net sales volumes - Natural Gas: 655 millions of cubic feet versus the three-analyst average estimate of 652.47 millions of cubic feet. Average daily net sales volumes - Oil: 102 millions of barrels of oil versus the three-analyst average estimate of 102.48 millions of barrels of oil. Average daily net sales volumes - Natural gas liquids: 47 millions of barrels of oil versus the three-analyst average estimate of 44.3 millions of barrels of oil. Average sales price per bbl - Natural gas liquids (before effects of derivative settlements): $25.43 compared to the $24.29 average estimate based on two analysts. Average sales price per mcf - Natural gas (before effects of derivative settlements): $3.18 compared to the $3.13 average estimate based on two analysts. Average sales price per bbl - Oil and condensate (before effects of derivative settlements): $67.64 versus $67.61 estimated by two analysts on average. Average realized prices per bbl - NGLs (after effects of derivative settlements): $25.13 compared to the $24.25 average estimate based on two analysts. Revenues- Natural gas: $187.44 million compared to the $173.27 million average estimate based on three analysts. The reported number represents a change of +134.5% year over year. Revenues- Oil: $619.66 million versus the three-analyst average estimate of $637.78 million. The reported number represents a year-over-year change of +30.8%. Revenues- Natural gas liquids: $107.58 million versus $97.50 million estimated by three analysts on average. Revenues- Midstream and other: $35.50 million compared to the $31.05 million average estimate based on two analysts. View all Key Company Metrics for Crescent Energy here>>>Shares of Crescent Energy have returned +10.2% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Crescent Energy Company (CRGY): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks