PDC Energy (NASDAQ:PDCE) reported its Q1 earnings results on Wednesday, May 4, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
PDC Energy beat estimated earnings by 18.45%, reporting an EPS of $3.66 versus an estimate of $3.09.
Revenue was up $30.41 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.31 which was followed by a 3.58% increase in the share price the next day.
Here's a look at PDC Energy's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 2.55 | 1.59 | 1.13 | 0.89 |
| EPS Actual | 2.86 | 2.33 | 1.66 | 1.41 |
| Revenue Estimate | 671.52M | 549.52M | 449.65M | 392.66M |
| Revenue Actual | 854.64M | 486.36M | 228.87M | 286.04M |
To track all earnings releases for PDC Energy visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
