On average, analysts predict that Legacy Reserves will post $0.42 EPS if I'm not mistaken. I'm expecting LGCY to "beat" this consensus and for the share price to rise as a result.
I think they will post a loss for the quarter because of recognition of loss on the hedges caused by oil rising during the quarter. I am hoping OI and DCF rise. Don't get me wrong. I am very positive on LGCY with a large position.
Excluding hedging losses, Q4 eps looks like $.31/unit.