Peyto Exploration & Development Corp reports results for the quarter ended in September - Earnings Summary

Published on November 10, 2022 12:53 PM EST

Peyto Exploration & Development Corp reports results for the quarter ended in September - Earnings Summary — Image source: ©2022 Kalkine Media®

* Peyto Exploration & Development Corp reported quarterly adjusted earnings of 48 cents per share for the quarter ended in September. The lone analyst forecast for the quarter was for earnings of 43 cents per share. * Revenue rose 27.5% to C$279.66 million from a year ago. * Peyto Exploration & Development Corp's reported EPS for the quarter was 48 cents. * The mean earnings estimate of analysts had fallen by about 10.7% in the last three months. * In the last 30 days there have been no negative revisions of earnings estimates * Peyto Exploration & Development Corp shares had risen by 11.9% this quarter and gained 30.5% so far this year. * The company reported quarterly net income of C$84.86 million. * Wall Street's median 12-month price target for Peyto Exploration & Development Corp is C$17.00 * The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." This summary was machine generated from Refinitiv data November 10 at 05:53 p.m. All figures in Canadian dollars unless otherwise stated. QUARTER ENDING ESTIMATE ACTUAL BEAT, MET, MISSED Sep. 30 2022 1.13 1.13 Met Jun. 30 2022 1.38 1.26 Missed Mar. 31 2022 1.12 1.07 Missed Dec. 31 2021 0.97 0.87 Missed

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