Berry Corporation (Bry) reports results for the quarter ended in September 30 - Earnings Summary

Reuters
2024-11-08
Berry Corporation (Bry) reports results for the quarter ended in September 30 - Earnings Summary
  • Berry Corporation (Bry) BRY.OQ reported quarterly adjusted earnings of 14 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 15 cents. The mean expectation of five analysts for the quarter was for earnings of 15 cents per share. Wall Street expected results to range from 7 cents to 23 cents per share.

  • Revenue rose 118.7% to $259.78 million from a year ago; analysts expected $181.00 million.

  • Berry Corporation (Bry)'s reported EPS for the quarter was 91 cents​.

  • The company reported quarterly net income of $69.86 million.

  • Berry Corporation (Bry) shares had risen by 8.6% this quarter and lost 20.6% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 24.7% in the last three months.​

  • In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the oil & gas exploration and production peer group is also "hold"

Wall Street's median 12-month price target for Berry Corporation (Bry) is $7.00

This summary was machine generated from LSEG data November 7 at 09:16 p.m. UTC. ​All figures in US 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)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Jan. 1 0001

0.15

0.14

Missed

Jun. 30 2024

0.20

0.18

Missed

Mar. 31 2024

0.17

0.14

Missed

Dec. 31 2023

0.24

0.13

Missed

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