PDC Energy Inc expected to post earnings of $1.68 a share - Earnings Preview

PDC Energy

02/11/2021 02:08

* PDC Energy Inc  PDCE.OQ   PDCE.O  is expected to show a rise
in quarterly revenue when it reports  results on November 3. 
* The Denver, Colorado-based company is expected to report  a
120.5% increase in revenue to $549.523 million from $249.22
million a year ago, according to the mean estimate from 10
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for PDC Energy Inc is for
earnings of $1.68 per share. For the same quarter last year, the
company reported earnings of $1.04 per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 14 "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 $63.5​, about 14.6% above​ its last closing price
of $54.20. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 302021   1.31        1.25       1.66      Beat    33.3
 Mar. 312021   0.96        0.89       1.41      Beat    58.3
 Dec. 312020   0.92        0.89       1.10      Beat    23.2​
 Sep. 302020   0.61        0.62       1.04      Beat    67.9
 ​​Jun.        -0.19       -0.21      0.14      Beat    165.5
 302020                                                 
 Mar. 312020   -0.02       -0.01      -8.07     Missed  -108,3
                                                        03​
 Dec. 312019   0.41        0.40       0.60      Beat    48.6
 Sep. 302019   0.25        0.32       -0.39     Missed  -220.4
 This summary was machine generated November 2 at 02:08 GMT.  All
figures in US dollars unless otherwise stated