09.08.2023 23:07:35 - dpa-AFX: Enerplus Corporation Q2 Profit Decreases, misses estimates

OTTAWA (dpa-AFX) - Enerplus Corporation (ERF.TO) announced a profit for
second quarter that decreased from last year and missed the Street estimates.

The company's bottom line came in at $74.23 million, or $0.34 per share. This
compares with $244.41 million, or $0.99 per share, in last year's second
quarter.

Excluding items, Enerplus Corporation reported adjusted earnings of $84.4
million or $0.39 per share for the period.

Analysts on average had expected the company to earn $0.42 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 38.3% to $357.90 million from $580.46
million last year.

Enerplus Corporation earnings at a glance (GAAP) :

-Earnings (Q2): $74.23 Mln. vs. $244.41 Mln. last year.
-EPS (Q2): $0.34 vs. $0.99 last year.
-Analyst Estimates: $0.42
-Revenue (Q2): $357.90 Mln vs. $580.46 Mln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
ENERPLUS CORP. A1H499 Frankfurt 18,500 30.05.24 08:14:04 -0,300 -1,60% 0,000 0,000 18,500 18,500

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