Berry Q3 EPS Forecast Decreased by Capital One Financial

Key Points

• Capital One Financial has reduced its Q3 2025 earnings per share estimate for Berry Corporation from $0.08 to $0.07, with a full-year consensus estimate now at $0.58 per share.
• Berry Corporation reported a significant earnings surprise, posting $0.66 EPS for the last quarter, surpassing the consensus estimate by $0.65, alongside revenues of $210.08 million.
• The company also declared a quarterly dividend of $0.03 per share, reflecting an annual yield of 4.2%, despite a relatively high payout ratio of 171.43%.

Berry Corporation (NASDAQ:BRY - Free Report) - Research analysts at Capital One Financial reduced their Q3 2025 earnings per share (EPS) estimates for Berry in a report issued on Monday, August 18th. Capital One Financial analyst B. Velie now anticipates that the energy company will post earnings of $0.07 per share for the quarter, down from their prior forecast of $0.08. The consensus estimate for Berry's current full-year earnings is $0.58 per share. Capital One Financial also issued estimates for Berry's Q4 2025 earnings at $0.10 EPS, FY2025 earnings at $0.29 EPS and Q2 2026 earnings at $0.04 EPS.

Berry (NASDAQ:BRY - Get Free Report) last issued its earnings results on Wednesday, August 6th. The energy company reported $0.66 EPS for the quarter, beating analysts' consensus estimates of $0.01 by $0.65. The firm had revenue of $210.08 million for the quarter, compared to the consensus estimate of $155.00 million. Berry had a return on equity of 5.27% and a net margin of 0.60%.

Several other equities analysts also recently commented on BRY. Piper Sandler lowered their price target on Berry from $5.00 to $4.00 and set a "neutral" rating on the stock in a report on Thursday, July 17th. Johnson Rice upgraded shares of Berry from an "accumulate" rating to a "buy" rating in a research note on Wednesday, May 21st. Finally, Wall Street Zen downgraded shares of Berry from a "hold" rating to a "sell" rating in a report on Saturday, August 9th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $4.00.

Berry Stock Up 5.3%

Shares of BRY traded up $0.15 during trading hours on Wednesday, hitting $2.99. 891,062 shares of the company were exchanged, compared to its average volume of 785,243. The company has a market cap of $232.02 million, a PE ratio of 42.71 and a beta of 1.12. The firm's 50 day moving average is $3.02 and its 200-day moving average is $3.07. Berry has a 52 week low of $2.11 and a 52 week high of $6.40. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.83 and a current ratio of 0.83.

Berry Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 28th. Shareholders of record on Monday, August 18th will be issued a $0.03 dividend. The ex-dividend date of this dividend is Monday, August 18th. This represents a $0.12 dividend on an annualized basis and a yield of 4.0%. Berry's dividend payout ratio is 171.43%.

Institutional Investors Weigh In On Berry

Hedge funds have recently made changes to their positions in the stock. Pinnacle Holdings LLC bought a new position in shares of Berry during the 1st quarter worth about $27,000. BridgePort Financial Solutions LLC bought a new position in Berry during the second quarter worth about $29,000. Cambridge Investment Research Advisors Inc. acquired a new stake in Berry during the first quarter valued at approximately $34,000. PNC Financial Services Group Inc. grew its stake in shares of Berry by 130.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 11,869 shares of the energy company's stock valued at $38,000 after purchasing an additional 6,722 shares during the period. Finally, FORA Capital LLC acquired a new position in shares of Berry in the 1st quarter worth approximately $38,000. Institutional investors own 94.88% of the company's stock.

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.