Birchcliff Energy (BIREF) Expected to Release Earnings on Thursday

Birchcliff Energy (OTCMKTS:BIREF) is projected to issue its results after the market closes on Thursday, November 12th. Analysts expect Birchcliff Energy to post earnings of $0.0328 per share and revenue of $127.18 million for the quarter.

Birchcliff Energy (OTCMKTS:BIREF) last issued its quarterly earnings data on Wednesday, August 12th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.02). The business had revenue of $124.98 million for the quarter, compared to analysts’ expectations of $121.83 million. Birchcliff Energy had a net margin of 12.93% and a return on equity of 4.23%. On average, analysts expect Birchcliff Energy to post $0.33 EPS for the current fiscal year and $0.39 EPS for the next fiscal year.

Birchcliff Energy Stock Performance

Shares of BIREF stock opened at $4.58 on Tuesday. The firm has a market cap of $1.26 billion, a price-to-earnings ratio of 18.32 and a beta of 0.30. Birchcliff Energy has a 52-week low of $4.11 and a 52-week high of $5.90. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.20. The company’s 50 day moving average is $4.68 and its 200 day moving average is $4.77.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Raymond James Financial cut Birchcliff Energy from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 16th. Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Birchcliff Energy in a research report on Friday, October 9th. Four investment analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Birchcliff Energy Company Profile