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How Denbury Resources Stock Reacted to 1Q18 Earnings

Nicholas Chapman
How Denbury Resources Stock Reacted to 1Q18 Earnings

Denbury Resources announced its 1Q18 earnings on May 8 before the market opened. In 1Q18, Denbury Resources reported revenues of ~$353 million, much better than the Wall Street analyst consensus of ~$316 million. In 1Q18, DNR reported an adjusted profit of $0.12 per share, beating the Wall Street analyst consensus for a profit of $0.11 per share. To know more about DNR’s net income and revenues refer to part one and two of this series.