Benzinga | Jul 30, 2021 10:35AM EDT

Earnings Outlook For Pioneer Natural Resources

Pioneer Natural Resources (NYSE:PXD) announces its next round of earnings this Monday, August 02. Here is Benzinga's everything-that-matters guide for this Monday's Q2 earnings announcement.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Pioneer Natural Resources EPS is expected to be around $2.61, according to sell-side analysts. Sales will likely be near $2.15 billion. In the same quarter last year, Pioneer Natural Resources reported a loss per share of $0.32 on revenue of $600.00 million.

Why Analyst Estimates And Earnings Surprises Are Important

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

If the company were to match the consensus estimate when it reports Monday, earnings would be up 915.62%. Sales would be up 258.33% from the year-ago period. In comparison to analyst estimates in the past, here is how the company's reported EPS stacks up: Quarter Q1 2021 Q4 2020 Q3 2020 Q2 2020EPS Estimate 1.45 0.69 0.29 -0.32EPS Actual 1.77 1.07 0.17 -0.32Revenue Estimate 1.49 B 953.55 M 838.53 M 691.14 MRevenue Actual 1.82 B 1.01 B 922.00 M 600.00 M

Want Real-Time Earnings Calendar Updates?

Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.

Stock Performance

Over the last 52-week period, shares of Pioneer Natural Resources are up 48.2%.

Do not be surprised to see the stock move on comments made during its conference call. Pioneer Natural Resources is scheduled to hold the call at 10:00:00 ET and can be accessed here.