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

Baytex Energy

29/07/2022 12:59

* Baytex Energy Corp  BTE.TO  reported quarterly adjusted
earnings
of 32 cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for earnings of
26 cents per share.
    * Revenue rose 93.1% to C$854.17 million from a year ago. 
    * Baytex Energy Corp's reported EPS for the quarter was 32
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Baytex Energy Corp shares had risen by 7.0% this
quarter and
gained 71.1% so far this year.
    * The company reported quarterly net income of C$180.97
million.
    * Wall Street's median 12-month price target for Baytex
Energy
Corp is C$9.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 29
at 11:59 a.m.  ​All figures in Canadian dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.58           0.63           Beat
 Mar. 31 2022      0.46           0.35           Missed
 Dec. 31 2021      0.37           0.42           Beat
 Sep. 30 2021      0.32           0.31           Missed