PDC Energy Inc expected to post earnings of $2.55 a share - Earnings Preview

PDC Energy

25/02/2022 23:39

* PDC Energy Inc  PDCE.OQ   PDCE.O  is expected to show a
rise in
quarterly revenue when it reports  results on February 28. 
    * The Denver Colorado-based  company is expected to report 
a
141.1% increase in revenue to $671.516 million from $278.56
million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for PDC Energy Inc is
for
earnings of $2.55 per share. For the same quarter last year, the
company reported earnings of $1.10 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 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 PDC Energy
Inc is
$75​, about 25.2% above​ its last closing price of $56.10. ​​​
    * 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 2021  1.85        1.68       2.33      Beat    39
 Jun. 30 2021  1.31        1.25       1.66      Beat    33.3
 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.        0.61        0.62       1.04      Beat    67.9
 30 2020                                                
 Jun. 30 2020  -0.19       -0.21      0.14      Beat    165.5​
 Mar. 31 2020  -0.02       -0.01      -8.07     Missed  -108,3
                                                        03
 Dec. 31 2019  0.41        0.40       0.60      Beat    48.6
 This summary was machine generated February 25 at 23:39 GMT. 
All figures in US dollars  unless otherwise stated