Berry Petroleum Co (BRY) Earnings Preview For Thursday's Release
Berry Petroleum Co (NYSE:BRY) is nearing the of release last fiscal quarter's results before the opening bell on February 23, 2012. We can review how Berry Petroleum Co has executed for investors recently.
Who They Are:
Berry Petroleum Company, an independent energy company, engages in the acquisition, exploitation, exploration, production, and development of crude oil and natural gas in the United States. The company was founded in 1909 and is headquartered in Denver, Colorado. Berry Petroleum trades an average of 1.1 million shares per day and has a marketcap of $2.8 Billion.
52 Week High: $61.17
52 Week Low: $30.59
Book Value: $23.19
Float Short: 7.32%
What To Expect:
On average, 13 analysts are expecting a drop of $-0.05 in earnings per share compared to last quarter's results of $0.79. The estimated mean earnings are $0.74 per share .
Analyst estimates range between $0.62 and $0.89 per share.
Here is a look at the fiscal year revenue for Berry Petroleum Co. 
Recent Stock and Valuation Performance:
The P/E ratio has dropped, as the current trailing twelve months P/E ratio is 23.2, while the forward P/E ratio is now 12.88. An upside earnings report may provide greater wind in the sails.
The stock has moved higher in price 16.57% in the last month, with a change from a year ago of 9.38%.
With a double digit gain compared to stocks in general, the stock shares did very well as compared to the overall stock market. When comparing to the S&P 500, the year up to date change is 17.30%.
The company has rising revenue year-over-year of $698.50 million for 2010 vs. $560.23 million for 2009. The bottom line has rising earnings year-over-year of $82.52 million for 2010 vs. $54.03 million for 2009.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $232.15 million for 2010 vs. $134.58 million for 2009. Rising revenue along with rising earnings is a very good sign and what we want to see with our companies. Be sure to check the margins in the earnings release to make sure the bottom line is keeping up with the top line.
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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