Baytex Energy Corp expected to post earnings of 16 cents a share - Earnings Preview

Baytex Energy

23/07/2024 21:02

* Baytex Energy Corp  BTE.TO   is expected to show a rise in
quarterly revenue when it reports  results on July 25 for the
period ending June 30 2024
    * The Calgary Alberta-based  company is expected to report a
73.0% increase in revenue to C$1.036 billion from C$598.76
million a year ago, according to the estimate from one analyst,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Baytex Energy Corp is
for
earnings of 16 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Baytex
Energy
Corp is C$6.13​, above​ its last closing price of C$5.11. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.51        0.52       0.47      Missed  -9.8
 Dec. 31 2024              0.61       0.57      Missed  -6
 Jan. 1 0001   0.64        0.63       0.52      Missed  -17.6​
 Jun. 30 2023  0.45        0.46       0.33      Missed  -27.6
 ​​Mar.        0.46        0.46       0.33      Missed  -28.1
 31 2023                                                
 Jan. 1 0001   0.46        0.51       0.55      Beat    8​
 Sep. 30 2022  0.50        0.51       0.55      Beat    8.3
 Jan. 1 0001   0.59        0.58       0.63      Beat    8
 This summary was machine generated July 23 at 20:02 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)