Western Midstream Q2 EPS $0.55 Misses $0.57 Estimate, Sales $719.13M Beat $682.70M Estimate
Western Midstream (NYSE:WES) reported quarterly earnings of $0.55 per share which missed the analyst consensus estimate of $0.57 by 3.51 percent. This is a 8.33 percent decrease over earnings of $0.60 per share from the
Earnings Scheduled For August 9, 2021
Companies Reporting Before The Bell
• Privia Health Group (NASDAQ:PRVA) is projected to report quarterly loss at $1.57 per share on revenue of $215.17 million.
Morgan Stanley Upgrades Western Midstream to Overweight
Morgan Stanley analyst Robert Kad upgrades Western Midstream (NYSE:WES) from Equal-Weight to Overweight.
Overview Of Value Stocks In The Energy Sector
What is a Value Stock?
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
Wells Fargo Maintains Overweight on Western Midstream, Raises Price Target to $26
Wells Fargo analyst Michael Blum maintains Western Midstream (NYSE:WES) with a Overweight and raises the price target from $25 to $26.
Morgan Stanley Maintains Equal-Weight on Western Midstream, Raises Price Target to $24
Morgan Stanley analyst Robert Kad maintains Western Midstream (NYSE:WES) with a Equal-Weight and raises the price target from $22 to $24.
Stocks That Hit 52-Week Highs On Friday
During Friday's morning session, 235 stocks hit new 52-week highs.
Stocks That Hit 52-Week Highs On Thursday
Before 10 a.m. ET on Thursday, 258 companies set new 52-week highs.
Earnings Scheduled For May 10, 2021
Companies Reporting Before The Bell
• Revlon (NYSE:REV) is likely to report earnings for its first quarter.
• Bluegreen Vacations (NYSE:BVH) is expected to report earnings for its first quarter.