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Earnings Outlook for Enerplus

Benzinga Insights
·1 min read

On Friday, August 07, Enerplus (NYSE: ERF) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

Earnings and Revenue

Analysts covering Enerplus modeled for quarterly EPS of $0.11 on revenue of $224.81 million. Enerplus earnings in the same period a year ago was $0.24 per share. Quarterly sales came in at $265.15 million. The analyst consensus estimate would represent a 54.17% decline in the company's EPS figure. Enerplus's reported EPS has stacked up against analyst estimates in the past like this:

Quarter

Q1 2020

Q4 2020

Q3 2019

Q2 2019

EPS Estimate

0.11

0.22

0.22

0.22

EPS Actual

0.07

0.12

0.27

0.24

Revenue Estimate

224.81 M

241.79 M

241.79 M

241.79 M

Revenue Actual

170.18 M

251.79 M

257.67 M

265.15 M

Stock Performance

Over the last 52-week period, shares are down 55.37%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

View more earnings on ERF

Don't be surprised to see the stock move on comments made during its conference call. Enerplus is scheduled to hold the call at 11:00:00 ET and can be accessed here: https://produceredition.webcasts.com/starthere.jsp?ei=1338878&tp_key=8226100b06

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