Berry Corporation (Bry) expected to post a loss of 2 cents a share - Earnings Preview

Berry (Bry)

31/07/2023 19:31

* Berry Corporation (Bry)  BRY.OQ   BRY.O  is expected
to show a
fall in quarterly revenue when it reports  results on August 2. 
    * The Dallas Texas-based  company is expected to report  a
32.0% decrease in revenue to $172.075 million from $253.13
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Berry Corporation
(Bry)
is for a loss of 2 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Berry
Corporation
(Bry) is $9​, above​ its last closing price of $7.65. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.12        0.11       0.07      Missed  -37.3
 Dec. 31 2023  0.44        0.35       0.95      Beat    169.9
 Sep. 30 2022  0.51        0.48       0.55      Beat    14.3​
 Jun. 30 2022  0.65        0.65       0.64      Missed  -1.3
 ​​Mar.        0.48        0.46       0.51      Beat    11.8
 31 2022                                                
 Dec. 31 2021  0.15        0.15       0.12      Missed  -20.8​
 Sep. 30 2021  0.13        0.13       0.14      Beat    6.1
 Jun. 30 2021  -0.10       -0.08      -0.08     Met     -3.2
 This summary was machine generated July 31 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated