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

Ranger Oil

10/05/2023 16:14

* Ranger Oil Corp  ROCC.OQ  reported quarterly adjusted
earnings
of $1.18​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for earnings of
$2.59 per share.
    * Revenue rose 0.7% to $258.15 million from a year ago;
analysts
expected $265.60 million. 
    * Ranger Oil Corp's reported EPS for the quarter was $2.67​.
    * The mean earnings estimate of analysts had fallen by
about 5.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Ranger Oil Corp shares had fallen by 6.1% this quarter and
lost 5.1% so far this year.
    * The company reported quarterly net income of $52 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 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
10 at 03:14 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      2.59           1.18           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