Apache Co. to Post FY2019 Earnings of $0.53 Per Share, SunTrust Banks Forecasts (NYSE:APA)
Apache Co. (NYSE:APA) – Research analysts at SunTrust Banks increased their FY2019 earnings per share estimates for shares of Apache in a report issued on Monday, October 21st, according to Zacks Investment Research. SunTrust Banks analyst N. Dingmann now forecasts that the energy company will earn $0.53 per share for the year, up from their prior forecast of $0.46. SunTrust Banks currently has a “Buy” rating and a $32.00 target price on the stock. SunTrust Banks also issued estimates for Apache’s Q4 2019 earnings at $0.02 EPS, Q1 2020 earnings at $0.05 EPS, Q2 2020 earnings at $0.02 EPS, Q3 2020 earnings at ($0.01) EPS, Q4 2020 earnings at $0.01 EPS and FY2020 earnings at $0.57 EPS.
Several other equities research analysts also recently issued reports on the company. Raymond James c ...