Berry (BRY) to Release Quarterly Earnings on Wednesday

Berry (NASDAQ:BRY) is projected to announce its earnings results after the market closes on Wednesday, March 12th. Analysts expect the company to announce earnings of $0.12 per share and revenue of $173.00 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Berry Price Performance

Shares of BRY stock opened at $3.56 on Monday. The firm has a market cap of $273.90 million, a P/E ratio of 3.30 and a beta of 1.67. Berry has a fifty-two week low of $3.36 and a fifty-two week high of $8.88. The business’s 50 day moving average price is $4.37 and its 200-day moving average price is $4.72. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.80 and a current ratio of 0.80.

Analysts Set New Price Targets

Separately, Piper Sandler cut their price objective on Berry from $7.00 to $5.00 and set a “neutral” rating on the stock in a research report on Monday, November 18th.

About Berry

Berry Petroleum Company, LLC., formerly Berry Petroleum Company, is an independent energy company. The Company is engaged in the production, development, exploitation, and acquisition of oil and natural gas. The Company’s principal reserves and producing properties are located in California (South Midway-Sunset (SMWSS)-Steam Floods, North Midway-Sunset (NMWSS)-Diatomite, NMWSS-New Steam Floods, Texas (Permian and E.