Baytex Energy Corp reports results for the quarter ended in December - Earnings Summary

Baytex Energy

25/02/2023 01:18

* Baytex Energy Corp  BTE.TO  reported quarterly adjusted
earnings
of 64 cents​​ per share for the quarter ended in December. The
mean expectation of four analysts for the quarter was
for earnings of 14 cents per share.
    * Revenue rose 16.6% to C$527.30 million from a year ago;
analysts
expected C$612.40 million. 
    * Baytex Energy Corp's reported EPS for the quarter was 64
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.9%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Baytex Energy Corp shares had fallen by 6.6% this quarter.
    * The company reported quarterly net income of C$352.81
million.
    * Wall Street's median 12-month price target for Baytex
Energy
Corp is C$8.00 
    * 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." 

This summary was machine generated from Refinitiv data February
25 at 01:18 a.m.  ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.51           0.55           Beat
 Sep. 30 2022      0.51           0.55           Beat
 Jun. 30 2022      0.58           0.63           Beat
 Mar. 31 2022      0.46           0.35           Missed