Berry Corp Q3 EPS $0.15 Misses $0.23 Estimate, Sales $118.80M Miss $182.43M Estimate
Portfolio Pulse from Benzinga Newsdesk
Berry Corp (NASDAQ:BRY) reported Q3 earnings of $0.15 per share, missing the analyst consensus estimate of $0.23 by 34.78%. This is a 72.73% decrease from the same period last year. The company also reported quarterly sales of $118.80 million, missing the analyst consensus estimate of $182.43 million by 34.88%. This is a 68.44% decrease from the same period last year.
November 01, 2023 | 11:03 am
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Berry Corp's Q3 earnings and sales significantly missed estimates and decreased from the same period last year.
Berry Corp's earnings and sales for Q3 significantly missed the analyst consensus estimates. This, coupled with the fact that there is a significant decrease from the same period last year, is likely to negatively impact the company's stock price in the short term.
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