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

Reuters
2025.08.06 21:47
portai
I'm PortAI, I can summarize articles.

Berry Corporation (Bry) reported breakeven results per share for the quarter ended June 30, lower than last year's EPS of 18 cents. Revenue increased by 6.2% to $210.08 million, surpassing analyst expectations of $155.33 million. The company reported a net income of $33.6 million and an EPS of 43 cents. Despite a 6.5% rise in shares this quarter, they have lost 28.6% year-to-date. Analysts maintain a "buy" rating, with a median 12-month price target of $4.50, 34.4% above the last closing price of $2.95.

  • Berry Corporation (Bry) (BRY.OQ) reported quarterly breakeven results​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 18 cents. The mean expectation of four analysts for the quarter was for earnings of 3 cents per share. Wall Street expected results to range from -2 cents to 6 cents per share.
  • Revenue rose 6.2% to $210.08 million from a year ago; analysts expected $155.33 million.
  • Berry Corporation (Bry)’s reported EPS for the quarter was 43 cents​.
  • The company reported quarterly net income of $33.6 million.
  • Berry Corporation (Bry) shares had risen by 6.5% this quarter and lost 28.6% so far this year. FORECAST CHANGES
  • The mean earnings estimate of analysts had fallen by about 67% in the last three months.​
  • In the last 30 days, two analysts negatively revised earnings estimates RECOMMENDATIONS
  • The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 3 “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 “buy”
  • Wall Street’s median 12-month price target for Berry Corporation (Bry) is $4.50, about 34.4% above its last closing price of $2.95 This summary was machine generated from LSEG data August 6 at 09:46 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

Jun. 30 2025 0.03 0.00 Missed

Mar. 31 2025 0.08 0.12 Beat

Dec. 31 2024 0.15 0.21 Beat

Sep. 30 2024 0.15 0.14 Missed

Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.