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Penn West Petroleum Ltd. Message Board

bch_lvr 2 posts  |  Last Activity: Feb 18, 2015 4:35 PM Member since: Oct 9, 2012
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  • In Q3 they came in at .23 but the analysts gave them the same number for Q4 , even though hey had more operating weeks.......In Q2 they came in at .30 yet for Q3 they were given .13 for target , please explain that one too

  • bch_lvr by bch_lvr Feb 18, 2015 4:28 PM Flag

    I do not understand analyst's estimates. On Q3 , 2014 BJRI comes in with earnings over 30 cents ( and that was a huge beat ) , yet analysts for Q4 set the earnings at 23 cents below the previous quarter's earnings ? How can they go backwards when they have more operating weeks? Are they giving them easy numbers to beat so the stock price can surge? I am just a simple minded guy if anyone with more brain power can explain their logic

PWE
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