LandBridge Company (LB) Q2 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
Key numbers
- Reported EPS
- $0.40
- Estimate
- $0.37
- Surprise
- +8.1%
- Revenue (period 2026-06-30)
- $66.8M
- Score at report (before → after)
- 5.2 → 5.6/10
Revenue source: xbrl.
How the report landed
LandBridge Company (LB) beat the $0.37 estimate with diluted EPS of $0.40 — a clear 8.1% upside surprise. TrendMatrix's engine moved from Sell (5.2/10) to Hold at 5.6/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates LB Sell at 5.7/10.
2 of the last 4 quarters beat the estimate; this quarter's +8.1% surprise compares with a -0.9% four-quarter average. Next scheduled report: 2026-11-09.
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
- Analyst target reached - limited upside remaining
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
- $86.85
- Price target
- $89.74
- Stop
- $81.03
- Upside to target
- +3.3%
The stock trades at 76.9× trailing but 37.1× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-14 — 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
- $6.69B
- P/E (fwd)
- 37.1
- P/E (ttm)
- 76.9
- 52-week range
- $43.75–$91.69
- Off 52-week high
- 5.3%
- RSI (14)
- 42
- Volume vs avg
- 0.70×
- Score today
- 5.7/10