Denbury Inc expected to post earnings of $1.64 a share - Earnings Preview

Denbury

21/02/2023 15:27

* Denbury Inc  DEN.N   DEN  is expected to show a rise in
quarterly revenue when it reports  results on February 23. 
    * The Plano Texas-based  company is expected to report  a
9.3% increase in revenue to $395.505 million from $361.9 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Denbury Inc is for
earnings of $1.64 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," no
"hold" and 1 "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
$115​, above​ its last closing price of $81.95. ​​​

The company's guidance on November 3 2022 for the period ended
December 31 was for Capital Expenditures of USD135 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  
 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. 31 2022  1.56        1.53       1.69      Beat    10.7​
 Dec. 31 2021  0.67        0.70       0.76      Beat    8.7
 ​​Sep.        0.78        0.70       0.74      Beat    5.2
 30 2021                                                
 Jun. 30 2021  0.55        0.49       0.61      Beat    24.9​
 Mar. 31 2021  0.23        0.24       0.44      Beat    86.6
 Dec. 31 2020  0.44        0.45       0.58      Beat    29.3
 This summary was machine generated February 21 at 15:27 GMT. 
All figures in US dollars  unless otherwise stated