LandBridge (LB) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.44
- Estimate
- $0.42
- Surprise
- +4.8%
- Score at report (before → after)
- 5.7 → 6.2/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
LandBridge (LB) beat the $0.42 estimate with adjusted EPS of $0.44 — a clear 4.8% upside surprise. TrendMatrix's engine moved from Sell (5.7/10) to Hold at 6.2/10 after the report.
Coverage in the report window
- LandBridge Q3 EPS $0.44 Misses $0.70 Estimate, Sales $70.890M Beat $66.592M Estimate — benzinga, 2026-11-04
Where TrendMatrix's rating stands now
TrendMatrix currently rates LB Hold at 6.1/10.
3 of the last 4 quarters beat the estimate; this quarter's +4.8% surprise compares with a +13.6% four-quarter average. Next scheduled report: 2027-02-24.
What supports the rating
- V7 quality resilience bonus: +0.2 (Q=7.9 in RISK_OFF)
- Sector modifier (Energy): +1.2
What argues against it
- Concentration risk — Customer: top ten customers (73.0%)
- Concentration risk — Geographic: Permian Basin
- Expensive valuation
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $66.52
- Price target
- $77.93
- Stop
- $61.86
- Upside to target
- +17.2%
- Reward-to-risk
- 1.3:1
The stock trades at 47.2× trailing but 27.2× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-11-06 — shown for context, not personalized investment advice.
LB at TrendMatrix's latest read
Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.
- Industry
- Oil & Gas E&P
- Market cap
- $4.85B
- P/E (fwd)
- 27.2
- P/E (ttm)
- 47.2
- 52-week range
- $43.75–$91.69
- Off 52-week high
- 27.5%
- RSI (14)
- 33
- Volume vs avg
- 0.71×
- Score today
- 6.1/10