Berry Corporation (Bry) reports results for the quarter ended in June - Earnings Summary

Berry (Bry)

02/08/2023 16:55

* Berry Corporation (Bry)  BRY.OQ  reported quarterly
adjusted
earnings of 15 cents​​ per share for the quarter ended in June.
The mean expectation of six analysts for the quarter was for a
loss of 2 cents per share.
    * Revenue fell 9.4% to $229.36 million from a year ago;
analysts
expected $172.08 million. 
    * Berry Corporation (Bry)'s reported EPS for the quarter was
33
cents​.
    * The mean earnings estimate of analysts had fallen by
about 117.8% in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Berry Corporation (Bry) shares had risen by 12.9% this
quarter and lost 2.9% so far this year.
    * The company reported quarterly net income of $25.77
million.
    * Wall Street's median 12-month price target for Berry
Corporation
(Bry) is $9.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 03:55 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.02          0.15           Beat
 Mar. 31 2023      0.11           0.07           Missed
 Dec. 31 2022      0.35           0.95           Beat
 Sep. 30 2022      0.48           0.55           Beat