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

PDC Energy

03/08/2021 24:00

* PDC Energy Inc  PDCE.OQ   PDCE.O  is expected to show a rise
in quarterly revenue when it reports results on August 4. 
* The Denver, Colorado-based company is expected to report   a
766.8% increase in revenue to $471.668 million from $54.42
million a year ago, according to the mean estimate from 11
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for PDC Energy Inc is for
earnings of $1.25 per share. For the same quarter last year, the
company reported earnings of 14 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 15 "strong buy" or "buy," 1
"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 PDC Energy Inc
is $59​, about 34.4% above​ its last closing price
of $38.73. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.96        0.89       1.41      Beat    58.3
 Dec. 31 2020  0.92        0.89       1.10      Beat    23.2
 Sep. 30 2020  0.61        0.62       1.04      Beat    67.9​
 Jun. 30 2020  -0.19       -0.21      0.14      Beat    165.5
 Mar.          -0.02​      -0.01      -8.07     Missed  -108,3
 31​ 2020​                                              03​
 Dec. 31 2019  0.41        0.40       0.60      Beat    48.6​
 Sep. 30 2019  0.25        0.32       -0.39     Missed  -220.4
 Jun. 30 2019  0.43        0.47       0.34      Missed  -27
 This summary was machine generated August 2 at 23:00 GMT.  All
figures in US dollars unless otherwise stated