Baytex Energy Corp expected to post earnings of 14cents a share - Earnings Preview

Baytex Energy

21/02/2023 21:14

* Baytex Energy Corp  BTE.TO   is expected to show a rise in
quarterly revenue when it reports  results on February 23. 
    * The Calgary Alberta-based  company is expected to report 
a
35.4% increase in revenue to C$612.4 million from C$452.25
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 14 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 8
"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$8​, above​ its last closing price of C$5.69. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.50        0.51       0.55      Beat    8.3
 Jun. 30 2022  0.59        0.58       0.63      Beat    8
 Mar. 31 2022  0.48        0.46       0.35      Missed  -24.3​
 Dec. 31 2021  0.37        0.37       0.42      Beat    14.6
 ​​Sep.        0.33        0.32       0.31      Missed  -3.8
 30 2021                                                
 Jun. 30 2021  0.28        0.26       0.30      Beat    14.1​
 Mar. 31 2021  0.23        0.23       0.22      Missed  -7.3
 Dec. 31 2020  0.15        0.15       0.09      Missed  -38.2
 This summary was machine generated February 21 at 21:14 GMT. 
All figures in Canadian dollars  unless otherwise stated