Veren Inc expected to post earnings of 31 cents a share - Earnings Preview

Veren

29/10/2024 13:53

* Veren Inc  VRN.TO   is expected to show a rise in
quarterly
revenue when it reports  results on October 31 for the period
ending September 30 2024
    * The Calgary Alberta-based  company is expected to report a
4.6% increase in revenue to C$950.95 million from C$908.7
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Veren Inc is for
earnings of
31 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "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 Veren Inc
is
C$13.50​, above​ its last closing price of C$8.41. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.97        0.98       1.00      Beat    1.8
 Mar. 31 2024  0.86        0.86       0.66      Missed  -23.7
 Dec. 31 2023  0.98        0.98       1.08      Beat    10.7​
 Sep. 30 2023  1.26        1.24       1.21      Missed  -2.7
 ​​Jan.        0.96        1.01       0.84      Missed  -17.2
 1 0001                                                 
 Mar. 31 2023  0.93        0.94       0.86      Missed  -8.9​
 Dec. 31 2022  0.93        0.94       1.05      Beat    12
 Sep. 30 2022  0.99        1.05       1.14      Beat    8.3
 This summary was machine generated October 29 at 13:53 GMT.  All
figures in Canadian dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)