Ranger Oil Corp reports results for the quarter ended in December - Earnings Summary

Ranger Oil

09/03/2023 24:20

* Ranger Oil Corp  ROCC.OQ  reported quarterly adjusted
earnings
of $2.32​​ per share for the quarter ended in December. The mean
expectation of five analysts for the quarter was for earnings of
$2.78 per share.
    * Revenue rose 19.5% to $269.15 million from a year ago;
analysts
expected $267.35 million. 
    * Ranger Oil Corp's reported EPS for the quarter was $2.56​.
    * The mean earnings estimate of analysts had fallen by
about 3.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Ranger Oil Corp shares had risen by 4.3% this quarter.
    * The company reported quarterly net income of $50.26
million.
    * Wall Street's median 12-month price target for Ranger Oil
Corp
is $55.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 9 at 12:20 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      2.78           2.32           Missed
 Sep. 30 2022      3.08           2.96           Missed
 Jun. 30 2022      2.64           2.73           Beat
 Mar. 31 2022      2.23           2.26           Beat