For the quarter ended March 2026, Crescent Energy (CRGY Quick QuoteCRGY - Free Report) reported revenue of $1.18 billion, up 24.5% over the same period last year. EPS came in at $0.53, compared to $0.56 in the year-ago quarter.

The reported revenue represents a surprise of +0.31% over the Zacks Consensus Estimate of $1.18 billion. With the consensus EPS estimate being $0.39, the EPS surprise was +34.76%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Crescent Energy performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Average daily net sales volumes - Total: 341 millions of barrels of oil equivalent per day versus 333.61 millions of barrels of oil equivalent per day estimated by three analysts on average.
• Average daily net sales volumes - Oil: 140 millions of barrels of oil per day compared to the 137.07 millions of barrels of oil per day average estimate based on three analysts.
• Average daily net sales volumes - Natural gas liquids: 77 millions of barrels of oil per day versus the three-analyst average estimate of 71.29 millions of barrels of oil per day.
• Average daily net sales volumes - Natural Gas: 743 millions of cubic feet per day versus 751.4 millions of cubic feet per day estimated by three analysts on average.
• Average sales price per mcf - Natural gas (before effects of derivative settlements): $2.37 compared to the $2.87 average estimate based on two analysts.
• Average sales price per bbl - Natural gas liquids (before effects of derivative settlements): $18.05 compared to the $20.02 average estimate based on two analysts.
• Average sales price per bbl - Oil (before effects of derivative settlements): $71.00 versus the two-analyst average estimate of $69.90.
• Revenues- Midstream and other: $6.04 million versus $20.75 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -83% change.
• Revenues- Oil: $893.32 million compared to the $839.68 million average estimate based on two analysts. The reported number represents a change of +44.2% year over year.
• Revenues- Natural gas liquids: $125.11 million compared to the $127.96 million average estimate based on two analysts. The reported number represents a change of +16.3% year over year.
• Revenues- Natural gas: $158.37 million versus the two-analyst average estimate of $199.21 million. The reported number represents a year-over-year change of -15.5%.

View all Key Company Metrics for Crescent Energy here>>>

Shares of Crescent Energy have returned +0.2% over the past month versus the Zacks S&P 500 composite's +10% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.