NextDecade Corporation reports results for the quarter ended September 30 - Earnings Summary

• NextDecade Corporation reported quarterly adjusted earnings of $1.04​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -42 cents. The mean expectation of four analysts for the quarter was for a loss of 71 cents per share. Wall Street expected results to range from $-1.17 to -53 cents per share.

• Reported revenue was zero​; analysts expected zero.

• NextDecade Corporation's reported EPS for the quarter was 54 cents​.

• The company reported quarterly net income of $155.38 million.

• NextDecade Corporation shares had risen by 2.5% this quarter and gained 23.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 7.3% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the construction & engineering peer group is also "buy"

• Wall Street's median 12-month price target for NextDecade Corporation is $8.50, about 23.4% above its last closing price of $6.51

This summary was machine generated from LSEG data October 29 at 03:06 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)