Ranger Oil Corp expected to post earnings of $1.70 a share - Earnings Preview

Ranger Oil

04/03/2022 23:51

* Ranger Oil Corp  ROCC.OQ   ROCC.O  is expected to show a
rise in
quarterly revenue when it reports  results on March 7. 
    * The Houston Texas-based  company is expected to report  a
183.6% increase in revenue to $190 million from $66.99 million a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Ranger Oil Corp is
for
earnings of $1.70 per share. For the same quarter last year, the
company reported earnings of $1.43 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 $53​, about 30.6% above​ its last closing price
of $36.78. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  1.20        1.19       1.15      Missed  -3.7
 Jun. 30 2021  0.78        0.79       1.05      Beat    32.8
 Mar. 31 2021  0.35        0.34       0.39      Beat    15.6​
 Dec. 31 2020  1.19        1.00       1.43      Beat    43.7
 ​​Sep.        0.81        0.88       1.14      Beat    29.4
 30 2020                                                
 Jun. 30 2020  0.92        0.91       1.29      Beat    41.5​
 Mar. 31 2020  1.32        1.31       1.89      Beat    43.9
 Dec. 31 2019  1.91        1.92       2.75      Beat    43.2
 This summary was machine generated March 4 at 23:51 GMT.  All
figures in US dollars  unless otherwise stated