Denbury Inc expected to post earnings of $1.25 a share - Earnings Preview

Denbury

02/08/2023 03:05

* Denbury Inc  DEN.N   DEN  is expected to show a fall in
quarterly revenue when it reports  results on August 3. 
    * The Plano Texas-based  company is expected to report  a
27.9% decrease in revenue to $347.473 million from $482.16
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Denbury Inc is for
earnings of $1.25 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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 Denbury Inc
is
$90.5​, above​ its last closing price of $87.38. ​​​

The company's guidance on May 3 2023 for the period ended June
30 was for Capital Expenditures between USD122.4867 million and
USD124.8884 million.
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  1.43        1.41       1.36      Missed  -3.3
 Dec. 31 2023  1.62        1.64       1.48      Missed  -10
 Sep. 30 2022  1.88        1.92       1.90      Missed  -0.9​
 Jun. 30 2022  1.72        1.68       1.69      Beat    0.7
 ​​Mar.        1.56        1.53       1.69      Beat    10.7
 31 2022                                                
 Dec. 31 2021  0.67        0.70       0.76      Beat    8.7​
 Sep. 30 2021  0.78        0.70       0.74      Beat    5.2
 Jun. 30 2021  0.55        0.49       0.61      Beat    24.9
 This summary was machine generated August 2 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated