Peyto Exploration & Development Corp <PEY.TO>: Profits of 48 cents announced for third quarter

Published on November 10, 2022 12:53 PM EST

Peyto Exploration & Development Corp <PEY.TO>: Profits of 48 cents announced for third quarter — Image source: ©2022 Kalkine Media®

10 November 2022 05:53 p.m. All figures in Canadian dollars. The profits announced by Peyto Exploration & Development Corp in the third quarter were higher than the Refinitiv mean estimate of profits. The company reported profits of 48 cents per share, 31 cents higher than the same quarter last year when the company reported EPS of 17 cents. Profits of 43 cents per share were forecast by the single analyst providing an estimate for the quarter. The company reported revenue of C$279.66 million. RECOMMENDATIONS * The consensus recommendation for the company is "Buy". * The average consensus recommendation for the oil & gas exploration and production peer group is also "Buy". FORECAST CHANGES * One analyst is currently providing Refinitiv with estimates. * In the last week there have been no earnings estimate revisions by analysts covering the company. There was no change to the number of estimates. YEAR OVER YEAR * The company reported an increase in revenue to C$279.66 million from C$219.26 million in the same quarter last year. * Previous quarterly performance (using earnings preferred measure) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET, MISSED Jun. 30 2022 1.38 1.26 Missed Mar. 31 2022 1.12 1.07 Missed Dec. 31 2021 0.97 0.87 Missed Sep. 30 2021 0.60 0.60 Met This summary was machine generated from Refinitiv data November 10 at 05:53 p.m.

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