Baytex Energy Corp expected to post earnings of 12  cents a share - Earnings Preview

Baytex Energy

25/07/2023 21:15

* Baytex Energy Corp  BTE.TO   is expected to show a fall in
quarterly revenue when it reports  results on July 27. 
    * The Calgary Alberta-based  company is expected to report 
a
32.7% decrease in revenue to C$575.1 million from C$854.17
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Baytex Energy Corp
is for
earnings of 12 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Baytex
Energy
Corp is C$6.88​, above​ its last closing price of C$4.87. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.46        0.46       0.33      Missed  -28.1
 Dec. 31 2023  0.46        0.51       0.55      Beat    8
 Sep. 30 2022  0.50        0.51       0.55      Beat    8.3​
 Jun. 30 2022  0.59        0.58       0.63      Beat    8
 ​​Mar.        0.48        0.46       0.35      Missed  -24.3
 31 2022                                                
 Dec. 31 2021  0.37        0.37       0.42      Beat    14.6​
 Sep. 30 2021  0.33        0.32       0.31      Missed  -3.8
 Jun. 30 2021  0.28        0.26       0.30      Beat    14.1
 This summary was machine generated July 25 at 20:15 GMT.  All
figures in Canadian dollars  unless otherwise stated