• Berry Corporation (Bry) BRY.OQ reported quarterly adjusted earnings of 12 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 14 cents. The mean expectation of five analysts for the quarter was for earnings of 8 cents per share. Wall Street expected results to range from 6 cents to 12 cents per share.

• Revenue rose 39.3% to $182.65 million from a year ago; analysts expected $169.33 million.

• Berry Corporation (Bry)'s reported EPS for the quarter was a loss of $1.25​.

• The company reported a quarterly loss of $96.68 million.

• Berry Corporation (Bry) shares had fallen by 25.2% this quarter and lost 41.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 27% 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 "hold."

• Wall Street's median 12-month price target for Berry Corporation (Bry) is $5.50

This summary was machine generated from LSEG data May 8 at 06:26 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)