Berry (BRY) to Release Quarterly Earnings on Thursday

Berry (NASDAQ:BRY - Get Free Report) is projected to announce its Q1 2025 earnings results before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of $0.14 per share and revenue of $177.00 million for the quarter.

Berry (NASDAQ:BRY - Get Free Report) last released its earnings results on Wednesday, March 12th. The energy company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.09. The company had revenue of $167.06 million during the quarter, compared to analyst estimates of $173.00 million. Berry had a return on equity of 6.50% and a net margin of 9.40%. On average, analysts expect Berry to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Berry Stock Performance

Berry stock traded up $0.08 during mid-day trading on Tuesday, reaching $2.47. 795,322 shares of the company's stock were exchanged, compared to its average volume of 1,121,204. The firm has a market capitalization of $191.27 million, a PE ratio of 2.28 and a beta of 1.15. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.54. The business's fifty day simple moving average is $2.91 and its 200 day simple moving average is $3.91. Berry has a one year low of $2.11 and a one year high of $7.97.

Berry Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Saturday, March 22nd were issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 4.87%. The ex-dividend date of this dividend was Friday, March 21st. Berry's dividend payout ratio (DPR) is currently 48.00%.

Berry Company Profile

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.