BKV Corp reports results for the quarter ended June 30 - Earnings Summary

• BKV Corp BKV.N reported quarterly adjusted earnings of 39 cents​​ per share for the quarter ended June 30. The mean expectation of eight analysts for the quarter was for earnings of 14 cents per share. Wall Street expected results to range from 3 cents to 25 cents per share.

• Revenue was $322.04 million​; analysts expected $219.72 million.

• BKV Corp's reported EPS for the quarter was $1.23​.

• The company reported quarterly net income of $104.57 million.

• BKV Corp shares had fallen by 16.8% this quarter and lost 15.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 50.9% in the last three months.​

• In the last 30 days, five analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," no "hold" and no "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 BKV Corp is $28.50, about 29.6% above its last closing price of $20.06

This summary was machine generated from LSEG data August 12 at 01:31 p.m. UTC. ​All figures in US 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)