Lilis Energy Inc Forecasted to Post FY2018 Earnings of $0.27 Per Share (LLEX)

Lilis Energy Inc (NYSEAMERICAN:LLEX) – Analysts at Capital One Financial boosted their FY2018 EPS estimates for shares of Lilis Energy in a research note issued on Tuesday. Capital One Financial analyst R. Tullis now expects that the company will post earnings per share of $0.27 for the year, up from their previous estimate of $0.24.

Lilis Energy (NYSEAMERICAN:LLEX) last announced its earnings results on Tuesday, November 14th. The company reported ($0.12) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.12). Lilis Energy had a negative return on equity of 419.18% and a negative net margin of 115.71%.

Several other research analysts also recently commented on LLEX. Zacks Investment Research downgraded Lilis Energy from a “hold” rating to a “sell” rating in a research note on Tuesday. B. Riley began coverage on Lilis Energy in a research note on Tuesday. They set a “buy” rating and a $5.50 target price on the stock. One investment analyst has rated the stock with a sell rating and nine have issued a buy rating to the stock. Lilis Energy presently has an average rating of “Buy” and an average price target of $6.56.

Shares of Lilis Energy (NYSEAMERICAN:LLEX) traded down $0.21 during trading hours on Thursday, reaching $3.46. The company’s stock had a trading volume of 79,914 shares, compared to its average volume of 191,588. The stock has a market capitalization of $207.87, a PE ratio of -1.69 and a beta of -1.67. Lilis Energy has a fifty-two week low of $2.95 and a fifty-two week high of $5.69.

An institutional investor recently raised its position in Lilis Energy stock. Wolverine Trading LLC grew its position in Lilis Energy Inc (NYSEAMERICAN:LLEX) by 411.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 61,188 shares of the company’s stock after acquiring an additional 49,214 shares during the quarter. Wolverine Trading LLC owned 0.12% of Lilis Energy worth $274,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

ILLEGAL ACTIVITY WARNING: This piece of content was posted by American Banking News and is owned by of American Banking News. If you are reading this piece of content on another site, it was illegally stolen and republished in violation of United States & international copyright and trademark laws. The legal version of this piece of content can be read at https://www.americanbankingnews.com/2018/02/08/lilis-energy-inc-forecasted-to-post-fy2018-earnings-of-0-27-per-share-llex.html.

Lilis Energy Company Profile

Lilis Energy, Inc is an upstream independent oil and gas company. The Company is engaged in the acquisition, drilling and production of oil and natural gas properties and prospects. The Company drills for, operates and produces oil and natural gas wells through its land holdings located in Wyoming, Colorado, and Nebraska.

Earnings History and Estimates for Lilis Energy (NYSEAMERICAN:LLEX)

Receive News & Ratings for Lilis Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lilis Energy and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply