PDC Energy Inc expected to post earnings of $3.09 a share - Earnings Preview

PDC Energy

03/05/2022 03:07

* PDC Energy Inc  PDCE.OQ   PDCE.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 4. 
    * The Denver Colorado-based  company is expected to report 
a
146.5% increase in revenue to $705.133 million from $286.04
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 $3.09 per share. For the same quarter last year, the
company reported earnings of $1.41 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.7%
in the last three months. ​
    * Wall Street's median 12-month price target for PDC Energy
Inc is
$96​, above​ its last closing price of $68.93. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  2.62        2.55       2.86      Beat    12
 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.        0.92        0.89       1.10      Beat    23.2
 31 2020                                                
 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. 31 2020  -0.02       -0.01      -8.07     Missed  -108,3
                                                        03
 This summary was machine generated May 3 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated