Crescent Point Energy Corp expected to post earnings of 40  cents a share - Earnings Preview

Veren

28/02/2023 14:43

* Crescent Point Energy Corp  CPG.TO   is expected to show a
rise
in quarterly revenue when it reports  results on March 2. 
    * The Calgary Alberta-based  company is expected to report 
a
10.2% increase in revenue to C$853.7 million from C$774.4
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 40 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "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 Crescent
Point
Energy Corp is C$13​, above​ its last closing price of C$9.50.
​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.74        0.75       0.84      Beat    11.4
 ​​Sep.        0.68        0.67       0.71      Beat    5.8
 30 2021                                                
 Jun. 30 2021  0.60        0.62       0.49      Missed  -20.5​
 Mar. 31 2021  0.47        0.47       0.57      Beat    21.7
 Dec. 31 2020  0.39        0.39       0.45      Beat    16.7
 This summary was machine generated February 28 at 14:43 GMT. 
All figures in Canadian dollars  unless otherwise stated