Baytex Energy Corp expected to post earnings of 10 cents a share - Earnings Preview

Baytex Energy

28/02/2025 21:03

Baytex Energy Corp BTE.TO  is expected to show a rise in quarterly revenue when it reports  results on March 4 for the period ending December 31 2024

The Calgary Alberta-based  company is expected to report a 20.8% increase in revenue to C$1.011 billion from C$836.95 million a year ago, according to the estimate from one analyst, based on LSEG data.

‚ÄčLSEG's mean analyst estimate for Baytex Energy Corp is for earnings of 10 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ‚Äč

Wall Street's median 12-month price target for Baytex Energy Corp is C$5.50‚Äč, above‚Äč its last closing price of C$3.28. ‚Äč‚Äč‚Äč

Previous quarterly performance (using preferred earnings measure in Canadian dollars). ‚Äč

QUARTER ENDING
STARMINESMARTESTIMATE¬ģ
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
0.60
0.60
0.69
Beat
15.8
Jun. 30 2024
0.63
0.64
0.62
Missed
-2.4
Mar. 31 2024
0.51
0.52
0.47
Missed
-9.8‚Äč
Dec. 31 2023
0.59
0.61
0.57
Missed
-6
‚Äč‚ÄčSep. 30 2023
0.64
0.63
0.52
Missed
-17.6
Jun. 30 2023
0.45
0.46
0.33
Missed
-27.6‚Äč
Mar. 31 2023
0.46
0.46
0.33
Missed
-28.1
Dec. 31 2022
0.46
0.51
0.55
Beat
8

This summary was machine generated February 28 at 21:02 GMT.  All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)