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Enerplus Corp reports results for the quarter ended in March - Earnings Summary

* Enerplus Corp  ERF.TO  reported quarterly adjusted earnings of
5 cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for earnings
of 11 cents per share.
* Revenue fell 39.1% to $180.24 million from a year ago​.
* Enerplus Corp's reported EPS for the quarter was 5 cents​.
* The mean earnings estimate of analysts had risen by
about 11.8% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate and  
* Enerplus Corp shares had risen by 11.1% this quarter and
gained 76.1% so far this year.
* The company reported quarterly net income of $12.1 million.
* Wall Street's median 12-month price target for Enerplus Corp
is $7.83 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 11 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
This summary was machine generated May 8 at 12:18 a.m. GMT. ​All
figures in US Dollars.​

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