Denbury Resources Inc (DNR) Earnings Preview For Thursday's Release
Denbury Resources Inc (NYSE:DNR) is expected to report earnings for last fiscal quarter before the opening bell on February 23, 2012.
Who They Are:
Denbury Resources Inc. engages in the acquisition, exploitation, drilling, and extraction of oil and natural gas properties in the Gulf Coast region located in Mississippi, Texas, Louisiana, and Alabama. The company was founded in 1951 and is headquartered in Plano, Texas. Denbury Res Inc trades an average of 6.2 million shares per day and has a marketcap of $7.7 Billion.
52 Week High: $26.03
52 Week Low: $10.20
Book Value: $12.26
Float Short: 3.65%
What To Expect:
On average, 15 analysts are expecting a drop of $-0.04 in earnings per share compared to last quarter's results of $0.37. Wall Street is expecting $0.33 per share based on earnings estimates.
Wall Street is expecting results within $0.22 and $0.41 per share.
Here is a look at the fiscal year revenue for Denbury Resources Inc. 
Recent Stock and Valuation Performance:
The current trailing twelve months P/E ratio is 16.2. The forward P/E ratio is 14.21.
In the last month, the stock has increased in price 8.96%, with a change from a year ago of -12.38%.
The stock has done very well as compared to the overall market. When comparing to the S&P 500, the year to date difference is 21.97%.
Revenue year-over-year has increased to $1.81 billion for 2010 vs. $880.13 million for 2009. The bottom line has rising earnings year-over-year of $271.72 million for 2010 vs. $-75.16 million for 2009.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $522.06 million for 2010 vs. $152.45 million for 2009.
Here is the last few quarters to get an idea how well they perform compared to estimates 
Reported earnings per share compared to the mean estimate. Differences are rounded.
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