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

Baytex Energy

29/04/2022 05:07

* Baytex Energy Corp  BTE.TO  reported quarterly adjusted
earnings
of 10 cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for earnings of
18 cents per share.
    * Revenue rose 75.2% to C$673.83 million from a year ago. 
    * Baytex Energy Corp's reported EPS for the quarter was 10
cents​.
    * The mean earnings estimate of analysts had risen by
about 27.2%
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 risen by 25.5% this
quarter and
gained 74.9% so far this year.
    * The company reported quarterly net income of C$56.86
million.
    * Wall Street's median 12-month price target for Baytex
Energy
Corp is C$7.50 
    * 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 April 29 at 04:07 a.m.  ​All
figures in Canadian dollars unless otherwise stated