Berry (NASDAQ:BRY – Get Free Report) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.16 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.
Berry (NASDAQ:BRY – Get Free Report) last issued its quarterly earnings results on Wednesday, March 6th. The energy company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.12). Berry had a net margin of 4.14% and a return on equity of 5.27%. The business had revenue of $216.40 million during the quarter, compared to analyst estimates of $190.28 million. During the same quarter in the previous year, the firm posted $0.95 earnings per share. The firm’s quarterly revenue was down 11.1% on a year-over-year basis. On average, analysts expect Berry to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Berry Stock Up 1.5 %
Shares of BRY stock opened at $8.68 on Wednesday. The firm has a market capitalization of $667.84 million, a P/E ratio of 18.87 and a beta of 1.80. The firm’s fifty day moving average price is $7.69 and its two-hundred day moving average price is $7.37. Berry has a 1 year low of $6.22 and a 1 year high of $8.94. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.56.
Berry Increases Dividend
Analyst Ratings Changes
Separately, TheStreet upgraded shares of Berry from a “c” rating to a “b-” rating in a research note on Friday, March 8th.
Get Our Latest Stock Report on BRY
About Berry
Berry Petroleum Company, LLC., formerly Berry Petroleum Company, is an independent energy company. The Company is engaged in the production, development, exploitation, and acquisition of oil and natural gas. The Company’s principal reserves and producing properties are located in California (South Midway-Sunset (SMWSS)-Steam Floods, North Midway-Sunset (NMWSS)-Diatomite, NMWSS-New Steam Floods, Texas (Permian and E.
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