AMPY Stock Recent News

You get what you pay for – you've heard this adage before. And in most cases, it's a true statement, especially in the market.

Amplify Energy (AMPY) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

The average of price targets set by Wall Street analysts indicates a potential upside of 58.6% in Amplify Energy (AMPY). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Amplify Energy (AMPY) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of $0.23. This compares to loss of $0.06 per share a year ago.

MMM, ASGN and AMPY have been added to the Zacks Rank #5 (Strong Sell) List on May 3, 2023.

AMPY, PRG and CTTAY have been added to the Zacks Rank #5 (Strong Sell) List on April 15, 2024.

Amplify (AMPY) states that the sheen, off the coast of Huntington Beach in California, is not related to its operations. The investigation is under progress to discover what caused the sheen.

Amplify Energy (AMPY) came out with quarterly earnings of $1.07 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.74 per share a year ago.

Amplify Energy (AMPY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.