Denbury Inc reports results for the quarter ended in March - Earnings Summary

Denbury

04/05/2023 21:55

* Denbury Inc  DEN.N  reported quarterly adjusted earnings
of
$1.36​​ per share for the quarter ended in March. The mean
expectation of eleven analysts for the quarter was for earnings
of $1.41 per share.
    * Revenue fell 17.2% to $341.02 million from a year ago;
analysts
expected $344.47 million. 
    * Denbury Inc's reported EPS for the quarter was $1.66​.
    * The mean earnings estimate of analysts had fallen by
about 26.1%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates 
    * Denbury Inc shares had fallen by 0.7% this quarter and
held
steady so far this year.
    * The company reported quarterly net income of $89.2
million.
    * Wall Street's median 12-month price target for Denbury Inc
is
$115.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
4 at 08:55 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.41           1.36           Missed
 Dec. 31 2022      1.64           1.48           Missed
 Sep. 30 2022      1.92           1.90           Missed
 Jun. 30 2022      1.68           1.69           Beat