Recap: Denbury Q1 Earnings

Denbury (NYSE:DEN) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:00 PM. Here’s what investors…

Denbury (NYSE:DEN) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:00 PM.

Here’s what investors need to know about the announcement.

Earnings

Denbury missed estimated earnings by 6.21%, reporting an EPS of $1.36 versus an estimate of $1.45.

Revenue was down $70.84 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.16 which was followed by a 2.05% increase in the share price the next day.

Here’s a look at Denbury’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.64 1.87 1.69 1.53
EPS Actual 1.48 1.90 1.69 1.69
Revenue Estimate 395.50M 398.25M 424.27M 340.97M
Revenue Actual 381.16M 439.49M 482.16M 411.86M

To track all earnings releases for Denbury visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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