WhiteHawk Income (NYSE:WHK) Releases Quarterly Earnings Results, Misses Estimates By $0.61 EPS

WhiteHawk Income (NYSE:WHK) announced its quarterly earnings data on Wednesday. The company reported ($0.25) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.61), Zacks reports.

WhiteHawk Income Trading Down 1.5%

Shares of NYSE WHK traded down $0.41 during trading on Wednesday, reaching $26.05. The stock had a trading volume of 81,425 shares, compared to its average volume of 165,935. WhiteHawk Income has a fifty-two week low of $25.34 and a fifty-two week high of $28.60. The stock has a 50-day moving average price of $26.58.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. Capital One Financial assumed coverage on shares of WhiteHawk Income in a report on Monday, July 6th. They issued an “overweight” rating and a $32.00 target price on the stock. Stephens started coverage on shares of WhiteHawk Income in a report on Monday, July 6th. They set an “overweight” rating and a $33.00 price target for the company. Raymond James Financial initiated coverage on shares of WhiteHawk Income in a research report on Tuesday, July 7th. They set a “strong-buy” rating and a $34.00 price target on the stock. Stifel Nicolaus began coverage on WhiteHawk Income in a report on Monday, July 6th. They issued a “buy” rating and a $30.00 price objective on the stock. Finally, Zacks Research upgraded WhiteHawk Income to a “hold” rating in a research report on Tuesday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, WhiteHawk Income presently has a consensus rating of “Moderate Buy” and a consensus price target of $31.40.

WhiteHawk Income Company Profile

WhiteHawk is focused on being the premier natural gas mineral and royalty business in the United States. We are committed to delivering cash flow and total returns to our investors through the disciplined acquisition, active management and ownership of high-quality mineral and royalty interests. Our assets are concentrated in the Marcellus and Haynesville Shales, which are located in the Appalachian and Haynesville Basins, which are among the most productive and lowest-cost U.S. natural gas basins(1).