Baytex Energy (BTE) Misses Q2 Earnings Estimates

Over the last four quarters, the company has surpassed consensus EPS estimates just once. Baytex, which belongs to the Zacks Oil and Gas - Exploration and Production - Canadian industry, posted revenues of $828.18 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 9.50%. This compares to year-ago revenues of $445.79 million. The company has topped consensus revenue estimates just once over the last four quarters. Baytex shares have added about 8.1% since the beginning of the ...