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

PDC Energy

05/05/2022 01:17

* PDC Energy Inc  PDCE.OQ  reported quarterly adjusted
earnings of
$3.66​​ per share for the quarter ended in March. The mean
expectation of thirteen analysts for the quarter was
for earnings of $3.11 per share.
    * Revenue rose 10.6% to $316.45 million from a year ago; 
analysts
expected $708.31 million. 
    * PDC Energy Inc's reported EPS for the quarter was a loss
of 33
cents​.
    * The mean earnings estimate of analysts had risen by
about 19.8%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * PDC Energy Inc shares had risen by 1.1% this quarter and
gained 50.6% so far this year.
    * The company reported a quarterly loss of $31.96 million.
    * Wall Street's median 12-month price target for PDC Energy
Inc is
$98.00 
    * 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." 

This summary was machine generated May 5 at 12:17 a.m.  ​All
figures in US dollars unless otherwise stated