Ranger Oil Corp expected to post earnings of $2.29 a share - Earnings Preview

Ranger Oil

03/05/2022 02:37

* Ranger Oil Corp  ROCC.OQ   ROCC.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 4. 
    * The Houston Texas-based  company is expected to report  a
136.3% increase in revenue to $209.233 million from $88.56
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 $2.29 per share. For the same quarter last year, the
company reported earnings of 39 cents 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 had fallen by
about 1.9%
in the last three months. ​
    * Wall Street's median 12-month price target for Ranger Oil
Corp
is $59​, above​ its last closing price of $31.70. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  1.78        1.70       1.73      Beat    1.9
 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.        1.19        1.00       1.43      Beat    43.7
 31 2020                                                
 Sep. 30 2020  0.81        0.88       1.14      Beat    29.4​
 Jun. 30 2020  0.92        0.91       1.29      Beat    41.5
 Mar. 31 2020  1.32        1.31       1.89      Beat    43.9
 This summary was machine generated May 3 at 01:37 GMT.  All
figures in US dollars  unless otherwise stated