Berry Corporation (Bry) reports results for the quarter ended in January - Earnings Summary
09/08/2024 19:45
* Berry Corporation (Bry) BRY.OQ reported quarterly
adjusted
earnings of 18 cents per share for the quarter ended in
January, higher than the same quarter last year, when the
company reported EPS of 15 cents. The mean expectation of
five analysts for the quarter was for earnings of 20 cents per
share. Wall Street expected results to range from 16 cents to 28
cents per share.
* Revenue fell 13.8% to $197.82 million from a year ago;
analysts
expected $177.17 million.
* Berry Corporation (Bry)'s reported EPS for the quarter was
a
loss of 11 cents.
* The company reported a quarterly loss of $8.77 million.
* Berry Corporation (Bry) shares had fallen by 6.2% this
quarter and lost 13.8% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 11.1%
in the last three months.
* In the last 30 days, there have been no negative revisions
of
earnings estimates
RECOMMENDATIONS
* 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 average consensus recommendation for the oil & gas
exploration and production peer group is also "hold"
Wall Street's median 12-month price target for Berry Corporation
(Bry) is $8.00
This summary was machine generated from LSEG data August 9 at
06:45 p.m. UTC. 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Jun. 30 2024 0.20 0.18 Missed
Mar. 31 2024 0.17 0.14 Missed
Dec. 31 2023 0.24 0.13 Missed
Sep. 30 2023 0.30 0.15 Missed