UPDATE: Denbury Posts Lower Q4 Earnings

Denbury Resources DNR reported a 22% drop in its fourth-quarter earnings. Denbury's quarterly earnings declined to $90 million, or $0.25 per share, versus $114.7 million, or $0.30 per share, in the year-ago period. Excluding special items, its adjusted earnings came in at $0.27 per share. Its total revenue slipped 1.7% to $599.1 million. However, analysts were estimating earnings of $0.31 per share on revenue of $617 million. Denbury shares fell 2.72% to $15.75 in pre-market trading.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: EarningsNewsprofit
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!