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

PDC Energy

02/11/2022 22:42

* PDC Energy Inc  PDCE.OQ  reported quarterly adjusted
earnings of
$3.77​​ per share for the quarter ended in September. The mean
expectation of twelve analysts for the quarter was for earnings
of $4.21 per share.
    * Revenue rose 147.7% to $1.20 billion from a year ago;
analysts
expected $1.02 billion. 
    * PDC Energy Inc's reported EPS for the quarter was $8.40​.
    * The mean earnings estimate of analysts had fallen by
about 8% in
the last three months.​ 
    * In the last 30 days six analysts negatively revised
earnings
estimates 
    * PDC Energy Inc shares had risen by 25.4% this quarter and
gained 48.6% so far this year.
    * The company reported quarterly net income of $798 million.
    * Wall Street's median 12-month price target for PDC Energy
Inc is
$93.50 
    * 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." 

This summary was machine generated from Refinitiv data November
2 at 10:42 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      4.21           3.77           Missed
 Jun. 30 2022      4.64           5.11           Beat
 Mar. 31 2022      3.11           3.66           Beat
 Dec. 31 2021      2.55           2.86           Beat