• Diversified Energy Co DEC.N reported quarterly adjusted earnings of $3.53​​ per share for the quarter ended March 31. The mean expectation of nine analysts for the quarter was for earnings of 45 cents per share. Wall Street expected results to range from $-1.29 to $2.01 per share.

• Revenue rose 65.9% to $575.53 million from a year ago; analysts expected $528.48 million.

• Diversified Energy Co's reported EPS for the quarter was a loss of $2.31​.

• The company reported a quarterly loss of $160.67 million.

• Diversified Energy Co shares had fallen by 12.0% this quarter and gained 6.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 33.9% in the last three months.​

• In the last 30 days, six analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil & gas exploration and production peer group is also "buy"

• Wall Street's median 12-month price target for Diversified Energy Co is $21.50, about 28.6% above its last closing price of $15.35

This summary was machine generated from LSEG data May 7 at 07:09 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)