Bill Barrett Corporation (BBG) Set to Announce Quarterly Earnings on Tuesday
Bill Barrett Corporation (NYSE:BBG) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, October 31st. Analysts expect the company to announce earnings of ($0.21) per share for the quarter.
Bill Barrett Corporation (NYSE:BBG) last released its quarterly earnings data on Tuesday, August 1st. The energy company reported ($0.17) EPS for the quarter, topping the consensus estimate of ($0.24) by $0.07. Bill Barrett Corporation had a negative return on equity of 7.65% and a negative net margin of 52.54%. The company had revenue of $51.07 million during the quarter, compared to the consensus estimate of $53.57 million. During the same period last year, the company earned ($0.13) EPS. Bill Barrett Corporation’s revenue for the quarter was up 8.0% on a year-over-year basis. On average, analysts expect Bill Barrett Corporation to post $-0.71 EPS for the current fiscal year and $-0.79 EPS for the next fiscal year.
Shares of Bill Barrett Corporation (NYSE:BBG) opened at 4.41 on Tuesday. The company’s market capitalization is $330.23 million. The company has a 50-day moving average price of $3.99 and a 200 day moving average price of $3.58. Bill Barrett Corporation has a 12-month low of $2.66 and a 12-month high of $8.24.
In other Bill Barrett Corporation news, CEO R Scot Woodall sold 10,000 shares of the stock in a transaction that occurred on Friday, September 8th. The stock was sold at an average price of $3.04, for a total transaction of $30,400.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 2.70% of the company’s stock.
A number of research analysts have recently weighed in on the company. Zacks Investment Research raised Bill Barrett Corporation from a “sell” rating to a “hold” rating in a report on Monday, July 24th. BMO Capital Markets set a $3.00 price objective on Bill Barrett Corporation and gave the company a “hold” rating in a report on Saturday, August 12th. BidaskClub lowered Bill Barrett Corporation from a “sell” rating to a “strong sell” rating in a report on Friday, August 11th. KLR Group reissued a “buy” rating and issued a $8.00 price objective (up from $7.00) on shares of Bill Barrett Corporation in a report on Thursday, August 3rd. Finally, KeyCorp reissued a “hold” rating on shares of Bill Barrett Corporation in a report on Tuesday, September 12th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the stock. Bill Barrett Corporation has an average rating of “Hold” and an average target price of $5.71.
Bill Barrett Corporation Company Profile
Bill Barrett Corporation is an independent energy company that develops, acquires and explores for oil and natural gas resources. The Company’s assets and operations are located in the Rocky Mountain region of the United States. It has over two areas of production: The Denver-Julesburg Basin (DJ Basin) and the Uinta Oil Program in the Uinta Basin.
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