Permian Resources Corp reports results for the quarter ended March 31 - Earnings Summary

Permian Resources

08/05/2025 16:13

Permian Resources Corp PR.N reported quarterly adjusted earnings of 44 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 25 cents.  The mean expectation of twenty analysts for the quarter was for earnings of 42 cents per share. Wall Street expected results to range from 26 cents to 60 cents per share.

Revenue rose 10.7% to $1.38 billion from a year ago; analysts expected $1.38 billion.

Permian Resources Corp's reported EPS for the quarter was 44 cents​.

The company reported quarterly net income of $329.3 million.

Permian Resources Corp shares had fallen by 14.2% this quarter and lost 17.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 0.7% in the last three months.​

In the last 30 days, six analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil & gas exploration and production peer group is also "buy"

Wall Street's median 12-month price target for Permian Resources Corp is $18.00

This summary was machine generated from LSEG data May 8 at 03:13 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
0.42
0.44
Beat
Dec. 31 2024
0.35
0.29
Missed
Sep. 30 2024
0.31
0.53
Beat
Jun. 30 2024
0.38
0.36
Missed