PDC Energy Inc expected to post earnings of 89  cents a share - Earnings Preview

PDC Energy

03/05/2021 21:54

* PDC Energy Inc  PDCE.OQ   PDCE.O  is expected to show a fall
in quarterly revenue when it reports results on May 5.
* The Denver, Colorado-based company is expected to report  a
48.1% decrease in revenue to $392.661 million from $757.03
million a year ago, according to the mean estimate from 11
analysts, based on Refinitiv data.​​
​* Refinitiv's mean analyst estimate for PDC Energy Inc is for
earnings of 89 cents per share. For the same quarter last year,
the company reported a loss of $8.07 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 had risen by about 1.0%
in the last three months.​
* Wall Street's median 12-month price target for PDC Energy Inc
is $46​, about 20.6% above​ its last closing price
of $36.51. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  0.92        0.89       1.10      Beat    23.2
 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
 Dec.          0.41​       0.40       0.60      Beat    48.6​
 31​ 2019​                                              
 Sep. 30 2019  0.25        0.32       -0.39     Missed  -220.4
                                                        ​
 Jun. 30 2019  0.43        0.47       0.34      Missed  -27
 Mar. 31 2019  0.58        0.62       0.27      Missed  -56.3
 This summary was machine generated May 3 at 20:54 GMT.  All
figures in US dollars unless otherwise stated