Birchcliff Energy Ltd reports results for the quarter ended December 31 - Earnings Summary

• Birchcliff Energy Ltd BIR.TO reported quarterly adjusted earnings of 13 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -2 cents. The mean expectation of two analysts for the quarter was for earnings of 3 cents per share. Wall Street expected results

• Revenue fell 16.1% to C$153.74 million from a year ago.

• Birchcliff Energy Ltd's reported EPS for the quarter was 13 cents​.

• The company reported quarterly net income of C$35.22 million.

• Birchcliff Energy Ltd shares had risen by 7.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 10.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the oil & gas exploration and production peer group is also "buy"

Wall Street's median 12-month price target for Birchcliff Energy Ltd is C$7.00

This summary was machine generated from LSEG data February 13 at 05:08 a.m. UTC. ​All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)