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

Baytex Energy

03/11/2022 23:02

* Baytex Energy Corp  BTE.TO  reported quarterly adjusted
earnings
of 47 cents​​ per share for the quarter ended in September. The
mean expectation of three analysts for the quarter was
for earnings of 19 cents per share.
    * Revenue rose 41.9% to C$565.07 million from a year ago. 
    * Baytex Energy Corp's reported EPS for the quarter was 47
cents​.
    * The mean earnings estimate of analysts had fallen by
about 16.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Baytex Energy Corp shares had risen by 27.2% this
quarter and
gained 90.3% so far this year.
    * The company reported quarterly net income of C$264.97
million.
    * Wall Street's median 12-month price target for Baytex
Energy
Corp is C$8.50 
    * 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 from Refinitiv data November
3 at 11:02 p.m.  ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.51           0.55           Beat
 Jun. 30 2022      0.58           0.63           Beat
 Mar. 31 2022      0.46           0.35           Missed
 Dec. 31 2021      0.37           0.42           Beat