Berry Corporation (Bry) expected to post earnings of 17 cents a share - Earnings Preview

Berry (Bry)

29/04/2024 15:05

* Berry Corporation (Bry)  BRY.OQ   BRY.O  is expected
to show a
fall in quarterly revenue when it reports  results on May 1 for
the period ending March 31 2024
    * The Dallas Texas-based  company is expected to report a
31.2% decrease in revenue to $175.533 million from $254.97
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Berry Corporation (Bry)
is for
earnings of 17 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.8%
in the last three months. ​
    * Wall Street's median 12-month price target for Berry
Corporation
(Bry) is $9.00​, above​ its last closing price of $8.74. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.24        0.24       0.13      Missed  -44.8
 Sep. 30 2023  0.27        0.30       0.15      Missed  -50.7
 Jun. 30 2023  -0.11       -0.02      0.15      Beat    766.7​
 Mar. 31 2023  0.12        0.11       0.07      Missed  -37.3
 ​​Dec.        0.44        0.35       0.95      Beat    169.9
 31 2022                                                
 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. 31 2022  0.48        0.46       0.51      Beat    11.8
 This summary was machine generated April 29 at 14:05 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)