Ranger Oil Corp expected to post earnings of $2.59 a share - Earnings Preview

Ranger Oil

06/05/2023 03:01

* Ranger Oil Corp  ROCC.OQ   ROCC.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 5
(estimated). 
    * The Houston Texas-based  company is expected to report  a
3.6% increase in revenue to $265.6 million from $256.46 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Ranger Oil Corp is
for
earnings of $2.59 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"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 $55​, above​ its last closing price of $39.62. ​​​

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 2022  2.72        2.78       2.32      Missed  -16.6
 Sep. 30 2022  3.09        3.08       2.96      Missed  -4
 Jun. 30 2022  2.64        2.64       2.73      Beat    3.6​
 Mar. 31 2022  2.25        2.23       2.26      Beat    1.1
 ​​Dec.        1.78        1.70       1.73      Beat    1.9
 31 2021                                                
 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
 This summary was machine generated May 6 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated