Earnings Preview For Bellatrix Exploration

Bellatrix Exploration BXE announces its next round of earnings Tuesday. Here's Benzinga's advanced look at Bellatrix Exploration's Q4 earnings report.

Earnings and Revenue

Bellatrix Exploration EPS is expected to be at a loss of 20 cents, according to sell-side analysts. Sales will likely be near $49.9 million.

Bellatrix Exploration EPS in the same period a year ago totaled 2 cents. Sales were $50.8 million. Revenue would be down 1.86 percent from the year-ago period.

Here's how the Bellatrix Exploration's reported EPS has stacked up against analyst estimates in the past:

 

Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate -0.16 -0.13 -0.02 -0.05
EPS Actual -0.36 -1.04 0.04 0.02

 

Stock Performance

Over the last 52-week period, shares of Bellatrix Exploration have declined 69.35 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Long-term shareholders are already wary of 12-month losses prior to the announcement.

Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. Analysts have been rating Bellatrix Exploration stock as Neutral. The strength of this rating has maintained conviction over the past three months.

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