PDC Energy: Q1 Earnings Insights

PDC Energy PDCE reported its Q1 earnings results on Wednesday, May 4, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

PDC Energy beat estimated earnings by 18.45%, reporting an EPS of $3.66 versus an estimate of $3.09.

Revenue was up $30.41 million from the same period last year.

Last quarter the company beat on EPS by $0.31 which was followed by a 3.58% increase in the share price the next day.

Here's a look at PDC Energy's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	2.55	1.59	1.13	0.89
EPS Actual	2.86	2.33	1.66	1.41
Revenue Estimate	671.52M	549.52M	449.65M	392.66M
Revenue Actual	854.64M	486.36M	228.87M	286.04M

To track all earnings releases for PDC Energy visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.