Whitecap Resources Inc reports results for the quarter ended in March - Earnings Summary

• Whitecap Resources Inc WCP reported quarterly adjusted earnings of 10 cents​​ per share for the quarter ended in March, lower than the same quarter last year, when the company reported EPS of 43 cents. The mean expectation of three analysts for the quarter was for earnings of 34 cents per share. Wall Street expected results to range from 20 cents to 57 cents per share.

• Revenue was C$787.70 million​; analysts expected C$670.00 million.

• Whitecap Resources Inc's reported EPS for the quarter was 10 cents​.

• The company reported quarterly net income of C$59.8 million.

• Whitecap Resources Inc shares had risen by 3.9% this quarter and gained 20.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 18.9% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 2 "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 Whitecap Resources Inc is C$13.00

This summary was machine generated from LSEG data April 25 at 04:13 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)