Crescent Point Energy Corp reports results for the quarter ended in December - Earnings Summary

Veren

02/03/2023 19:11

* Crescent Point Energy Corp  CPG.TO  reported a quarterly
adjusted loss of 90 cents​​ per share for the quarter ended in
December. The mean expectation of five analysts for the quarter
was for earnings of 40 cents per share.
    * Revenue rose 17.9% to C$912.80 million from a year ago;
analysts
expected C$853.70 million. 
    * Crescent Point Energy Corp's reported EPS for the quarter
was a
loss of 90 cents​.
    * The mean earnings estimate of analysts had fallen by
about 7.3%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Crescent Point Energy Corp shares had fallen by 0.3% this
quarter.
    * The company reported a quarterly loss of C$498.1 million.
    * Wall Street's median 12-month price target for Crescent
Point
Energy Corp is C$13.00 
    * 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." 

This summary was machine generated from Refinitiv data March 2
at 07:11 p.m.  ​All figures in Canadian dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.94           1.05           Beat
 Sep. 30 2022      1.05           1.14           Beat
 Jun. 30 2022      1.00           0.92           Missed
 Mar. 31 2022      0.90           0.73           Missed