Baytex Energy Q4 Adjusted Loss of $0.31, Revenues Miss by 53.9%
Baytex Energy posted an adjusted Q4 loss of $0.31 per share, missing the $0.02 consensus after a $0.04 loss a year earlier. Quarterly revenue plunged to $251.4 million, down from $726.9 million and 53.9% below estimates.
1. Q4 Financial Results
Baytex Energy recorded an adjusted loss of $0.31 per share in the fourth quarter, compared with a $0.04 loss in the year-ago period and missing the $0.02 profit consensus.
2. Revenue Decline
The company generated $251.39 million in revenue, a 65% year-over-year drop from $726.91 million and 53.9% below analyst expectations for the quarter.
3. EPS and Revenue Surprises
This release represented a -1,650% earnings surprise and a revenue miss, contrasting with two EPS beats and three revenue beats over the past four quarters.
4. Analyst Outlook
Consensus forecasts for the next quarter stand at $0.02 EPS on $234.91 million revenue, with full-year estimates of $0.07 EPS on $946.74 million revenue following recent downward revisions.