Denbury Inc expected to post earnings of $1.42 a share - Earnings Preview

Denbury

30/10/2023 15:04

* Denbury Inc  DEN.N   DEN  is expected to show a fall in
quarterly revenue when it reports  results on November 1
(estimated). 
    * The Plano Texas-based  company is expected to report  a
19.5% decrease in revenue to $353.9 million from $439.49 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Denbury Inc is for
earnings of $1.42 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 6
"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
$92​, above​ its last closing price of $88.56. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  1.16        1.25       1.06      Missed  -15.2
 Mar. 31 2023  1.43        1.41       1.36      Missed  -3.3
 Dec. 31 2022  1.62        1.64       1.48      Missed  -10​
 Sep. 30 2022  1.88        1.92       1.90      Missed  -0.9
 ​​Jun.        1.72        1.68       1.69      Beat    0.7
 30 2022                                                
 Mar. 31 2022  1.56        1.53       1.69      Beat    10.7​
 Dec. 31 2021  0.67        0.70       0.76      Beat    8.7
 Sep. 30 2021  0.78        0.70       0.74      Beat    5.2
 This summary was machine generated October 30 at 15:04 GMT.  All
figures in US dollars  unless otherwise stated