PDC Energy Inc expected to post earnings of $3.08 a share - Earnings Preview

PDC Energy

20/02/2023 21:25

* PDC Energy Inc  PDCE.OQ   PDCE.O  is expected to show a
fall in
quarterly revenue when it reports  results on February 22. 
    * The Denver Colorado-based  company is expected to report 
a
0.9% decrease in revenue to $847.206 million from $854.64
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for PDC Energy Inc is
for
earnings of $3.08 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 6
"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
$88​, above​ its last closing price of $62.94. ​​​

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 2022  4.54        4.21       3.77      Missed  -10.5
 Jun. 30 2022  4.49        4.64       5.11      Beat    10.1
 Mar. 31 2022  3.18        3.11       3.66      Beat    17.7​
 Dec. 31 2021  2.62        2.55       2.86      Beat    12
 ​​Sep.        1.85        1.68       2.33      Beat    39
 30 2021                                                
 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
 This summary was machine generated February 20 at 21:24 GMT. 
All figures in US dollars  unless otherwise stated