PDC Energy (NASDAQ:PDCE) reported its Q4 earnings results on Monday, February 28, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
PDC Energy beat estimated earnings by 12.16%, reporting an EPS of $2.86 versus an estimate of $2.55.
Revenue was up $576.08 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.74 which was followed by a 3.52% increase in the share price the next day.
Here's a look at PDC Energy's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.59 | 1.13 | 0.89 | 0.88 |
| EPS Actual | 2.33 | 1.66 | 1.41 | 1.10 |
| Revenue Estimate | 549.52M | 449.65M | 392.66M | 388.14M |
| Revenue Actual | 486.36M | 228.87M | 286.04M | 278.56M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
