Preview: Baytex Energy's Earnings
Portfolio Pulse from Benzinga Insights
Baytex Energy (NYSE:BTE) is set to release its quarterly earnings report on July 27, 2023. Analysts estimate an EPS of $0.09. The company's past performance shows a miss in EPS by $0.03 last quarter, followed by a 3.49% increase in share price. The stock is currently trading at $3.67, down 12.0% over the last 52-week period.
July 26, 2023 | 8:01 pm
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NEUTRAL IMPACT
Baytex Energy's upcoming earnings report could impact its stock price. Last quarter's EPS miss led to a 3.49% increase in share price. The stock is currently down 12.0% over the last 52-week period.
The upcoming earnings report is a significant event for Baytex Energy. Given the company's past performance, where an EPS miss led to a share price increase, it's uncertain how the market will react to the new earnings data. The stock's 12.0% decrease over the last 52-week period indicates a bearish sentiment among long-term shareholders.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100