PDC Energy Inc expected to post earnings of $4.23 a share - Earnings Preview

PDC Energy

01/11/2022 24:59

* PDC Energy Inc  PDCE.OQ   PDCE.O  is expected to show a
rise in
quarterly revenue when it reports  results on November 2. 
    * The Denver Colorado-based  company is expected to report 
a
109.7% increase in revenue to $1.02 billion from $486.36 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 $4.23 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 4
"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
$93.5​, above​ its last closing price of $72.14. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2021  1.85        1.68       2.33      Beat    39
 ​​Jun.        1.31        1.25       1.66      Beat    33.3
 30 2021                                                
 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
 This summary was machine generated November 1 at 00:59 GMT.  All
figures in US dollars  unless otherwise stated