Market Overview

Earnings Outlook for Enerplus

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On Friday, August 07, Enerplus (NYSE: ERF) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

Earnings and Revenue

Analysts covering Enerplus modeled for quarterly EPS of $0.11 on revenue of $224.81 million. Enerplus earnings in the same period a year ago was $0.24 per share. Quarterly sales came in at $265.15 million. The analyst consensus estimate would represent a 54.17% decline in the company's EPS figure. Enerplus's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate 0.11 0.22 0.22 0.22
EPS Actual 0.07 0.12 0.27 0.24
Revenue Estimate 224.81 M 241.79 M 241.79 M 241.79 M
Revenue Actual 170.18 M 251.79 M 257.67 M 265.15 M

Stock Performance

Over the last 52-week period, shares are down 55.37%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Enerplus is scheduled to hold the call at 11:00:00 ET and can be accessed here: https://produceredition.webcasts.com/starthere.jsp?ei=1338878&tp_key=8226100b06

 

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Posted-In: Earnings Penny Stocks