Crescent Energy Stock Down Despite Market Gains: Analyst Estimates and Zacks Rank

Crescent Energy (CRGY) shares ended at $12.73, down 5.7% from the previous day's closing price, despite the S&P 500 gaining 0.72%. The company is expected to report EPS of $0.52, down 7.14% from the prior-year quarter, and revenue of $1.21 billion, up 27.15% from the year-ago period. The Zacks Rank is currently at #3 (Hold), and the Forward P/E ratio is 7.53, a discount compared to its industry average of 18.05.