Ranger Oil Corp expected to post earnings of $1.19 a share - Earnings Preview

Ranger Oil

02/11/2021 02:06

* Ranger Oil Corp  ROCC.OQ   ROCC.O  is expected to show a rise
in quarterly revenue when it reports  results on November 3. 
* The Houston, Texas-based company is expected to report  a
76.2% increase in revenue to $122.325 million from $69.41
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Ranger Oil Corp is for
earnings of $1.19 per share. For the same quarter last year, the
company reported earnings of $1.14 per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Ranger Oil Corp
is $42​, about 19.8% above​ its last closing price
of $33.69. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 302021   0.78        0.79       1.05      Beat    32.8
 Mar. 312021   0.35        0.34       0.39      Beat    15.6
 Dec. 312020   1.19        1.00       1.43      Beat    43.7​
 Sep. 302020   0.81        0.88       1.14      Beat    29.4
 ​​Jun.        0.92        0.91       1.29      Beat    41.5
 302020                                                 
 Mar. 312020   1.32        1.31       1.89      Beat    43.9​
 Dec. 312019   1.91        1.92       2.75      Beat    43.2
 Sep. 302019   1.98        1.88       1.97      Beat    4.6
 This summary was machine generated November 2 at 02:06 GMT.  All
figures in US dollars unless otherwise stated