Crescent Point Energy Corp expected to post earnings of 39  cents a share - Earnings Preview

Veren

10/05/2023 13:33

* Crescent Point Energy Corp  CPG.TO   is expected to show a
rise
in quarterly revenue when it reports  results on May 12. 
    * The Calgary Alberta-based  company is expected to report 
a
57.1% increase in revenue to C$851.15 million from C$541.8
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Crescent Point
Energy
Corp is for earnings of 39 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 1
"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 Crescent
Point
Energy Corp is C$13​, above​ its last closing price of C$9.34.
​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.93        0.94       1.05      Beat    12
 Sep. 30 2022  0.99        1.05       1.14      Beat    8.3
 Jun. 30 2022  1.00        1.00       0.92      Missed  -7.7​
 Mar. 31 2022  0.92        0.90       0.73      Missed  -18.4
 ​​Dec.        0.74        0.75       0.84      Beat    11.4
 31 2021                                                
 Sep. 30 2021  0.68        0.67       0.71      Beat    5.8​
 Jun. 30 2021  0.60        0.62       0.49      Missed  -20.5
 Mar. 31 2021  0.47        0.47       0.57      Beat    21.7
 This summary was machine generated May 10 at 12:33 GMT.  All
figures in Canadian dollars  unless otherwise stated