Permian Resources Corp PR.N reported quarterly adjusted earnings of 44 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 53 cents. The mean expectation of twenty two analysts for the quarter was for earnings of 31 cents per share. Wall Street expected results to range from 19 cents to 40 cents per share.
Revenue rose 8.7% to $1.32 billion from a year ago; analysts expected $1.32 billion.
Permian Resources Corp's reported EPS for the quarter was 8 cents.
The company reported quarterly net income of $59.23 million.
Permian Resources Corp shares had fallen by 5.2% this quarter and lost 15.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 9.4% in the last three months.
In the last 30 days, nine analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 22 "strong buy" or "buy," 1 "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 Permian Resources Corp is $18.50, about 34.4% above its last closing price of $12.13
This summary was machine generated from LSEG data November 6 at 05:26 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2025 | 0.31 | 0.44 | Beat |
Jun. 30 2025 | 0.31 | 0.28 | Missed |
Mar. 31 2025 | 0.42 | 0.44 | Beat |
Dec. 31 2024 | 0.35 | 0.29 | Missed |