Equities research analysts expect that Tellurian Inc (NASDAQ:TELL) will report earnings of ($0.15) per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have made estimates for Tellurian’s earnings, with estimates ranging from ($0.17) to ($0.13). Tellurian posted earnings of ($0.12) per share during the same quarter last year, which suggests a negative year-over-year growth rate of 25%. The company is scheduled to announce its next quarterly earnings results on Thursday, November 8th.

On average, analysts expect that Tellurian will report full year earnings of ($0.58) per share for the current financial year, with EPS estimates ranging from ($0.66) to ($0.54). For the next fiscal year, analysts anticipate that the business will post earnings of ($0.54) per share, with EPS estimates ranging from ($0.90) to ($0.09). Zacks’ earnings per share averages are an average based on a survey of sell-side analysts that that provide coverage for Tellurian.

Tellurian (NASDAQ:TELL) last released its earnings results on Wednesday, August 8th. The oil and gas producer reported ($0.17) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.04). The business had revenue of $0.81 million for the quarter, compared to analyst estimates of $5.45 million.

TELL has been the subject of a number of recent analyst reports. BidaskClub raised shares of Tellurian from a “sell” rating to a “hold” rating in a research report on Wednesday, August 29th. Zacks Investment Research raised shares of Tellurian from a “sell” rating to a “hold” rating in a research report on Tuesday, July 10th. Robert W. Baird started coverage on shares of Tellurian in a research report on Tuesday, August 14th. They set an “outperform” rating and a $15.00 target price for the company. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $14.00 price objective (down previously from $15.00) on shares of Tellurian in a research report on Thursday, August 9th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $12.42.

NASDAQ:TELL traded up $0.30 on Tuesday, reaching $9.60. 2,626,700 shares of the stock traded hands, compared to its average volume of 1,268,837. The company has a market capitalization of $2.08 billion, a PE ratio of -11.70 and a beta of 1.55. Tellurian has a 1-year low of $6.45 and a 1-year high of $13.74.

Hedge funds have recently made changes to their positions in the company. Amalgamated Bank acquired a new stake in shares of Tellurian during the 2nd quarter worth approximately $103,000. PEAK6 Investments L.P. acquired a new stake in shares of Tellurian during the 2nd quarter worth approximately $125,000. Engineers Gate Manager LP acquired a new stake in shares of Tellurian during the 2nd quarter worth approximately $181,000. Ahrens Investment Partners LLC grew its position in shares of Tellurian by 44.8% during the 2nd quarter. Ahrens Investment Partners LLC now owns 24,710 shares of the oil and gas producer’s stock worth $206,000 after buying an additional 7,650 shares during the period. Finally, Tibra Equities Europe Ltd acquired a new stake in shares of Tellurian during the 1st quarter worth approximately $288,000. 17.28% of the stock is owned by institutional investors.

About Tellurian

Tellurian Inc plans to develop, own, and operate a natural gas business and to deliver natural gas to customers worldwide. The company is developing a portfolio of natural gas production, liquefied natural gas (LNG) trading, and infrastructure that includes an approximately 27.6 million tons per annum LNG export facility and an associated pipeline.

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