PDC Energy Inc reports results for the quarter ended in March - Earnings Summary

PDC Energy

06/05/2021 13:59

* PDC Energy Inc  PDCE.OQ  reported quarterly adjusted earnings
of $1.41​​ per share for the quarter ended in March. The mean
expectation of sixteen analysts for the quarter was for earnings
of 89 cents per share.
* Revenue fell 62.1% to $286.86 million from a year ago​; 
analysts expected $392.66 million.
* PDC Energy Inc's reported EPS for the quarter was a loss of 9
cents​.
* The mean earnings estimate of analysts had risen by
about 10.3% in the last three months.​ 
* In the last 30 days two analysts negatively revised earnings
estimates 
* PDC Energy Inc shares had risen by 10.3% this quarter and
gained 84.9% so far this year.
* The company reported a quarterly loss of $9.04 million.
* Wall Street's median 12-month price target for PDC Energy Inc
is $46.50 
* 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." 
This summary was machine generated May 6 at 12:59 p.m. GMT. ​All
figures in US Dollars.​