The consensus EPS estimate for the quarter has been revised 7.93% lower over the last 30 days to the current level. Revenues are expected to be $1.06 billion, up 14.1% from the year-ago quarter. This natural gas company is expected to post quarterly loss of $16.43 per share in its upcoming report, which represents a year-over-year change of -158.7%.

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. On the other hand, if they miss, the stock may move lower. The stock might move higher if these key numbers top expectations in the upcoming earnings report. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.

Wall Street expects a year-over-year decline in earnings on higher revenues when Chesapeake Energy (CHK) reports results for the quarter ended March 2020.

Chk earnings estimates