Ranger Oil Corp expected to post earnings of $2.64 a share - Earnings Preview

Ranger Oil

30/07/2022 01:05

* Ranger Oil Corp  ROCC.OQ   ROCC.O  is expected to show a
rise in
quarterly revenue when it reports  results on August 2. 
    * The Houston Texas-based  company is expected to report  a
88.3% increase in revenue to $234.833 million from $124.7
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 $2.64 per share. For the same quarter last year, the
company reported earnings of $1.05 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 $55​, above​ its last closing price of $38.06. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  2.25        2.23       4.67      Beat    109
 Dec. 31 2022  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.        0.35        0.34       0.39      Beat    15.6
 31 2021                                                
 Dec. 31 2020  1.19        1.00       1.43      Beat    43.7​
 Sep. 30 2020  0.81        0.88       1.14      Beat    29.4
 Jun. 30 2020  0.92        0.91       1.29      Beat    41.5
 This summary was machine generated July 30 at 00:05 GMT.  All
figures in US dollars  unless otherwise stated