Anticipated $0.14 EPS for Centennial Resource Development, Inc. (CDEV) as of May, 9

April 17, 2018 - By Theresa Judd

On May, 9 WallStreet awaited Centennial Resource Development, Inc. (NASDAQ:CDEV)’s earnings report, RTT reports. The earnings per share diference is $0.10 or 250.00 % up from last years number. Previous year: $0.04; Analysts forcast: $0.14. This could reach $36.94M profit for CDEV assuming the current $0.14 earnings per share will become reality. 27.27 % EPS growth is what analysts predict. $0.11 earnings per share was published for last [previous quarter]. On during the last trading session the stock increased $0.07 or 0.40%, reaching $17.43.Centennial Resource Development, Inc. has volume of 1.51M shares. Since April 17, 2017 CDEV has risen 0.57% and is uptrending. CDEV underperformed the S&P 500 by 10.98%.

Centennial Resource Development, Inc. (NASDAQ:CDEV) Ratings Coverage

Total analysts of 2 have positions in Centennial Resource Development Inc (NASDAQ:CDEV) as follows: 2 rated it a “Buy”, 0 with “Sell” and 0 with “Hold”. The positive are 100%. Since November 6, 2017 according to StockzIntelligence Inc Centennial Resource Development Inc has 2 analyst reports. In Tuesday, December 19 report Seaport Global upgraded the stock to “Buy” rating.

Centennial Resource Development, Inc., together with its subsidiary, Centennial Resource Production, LLC, operates as an independent oil and natural gas firm in the United States.The firm is valued at $4.60 billion. It focuses on the development of unconventional oil and associated natural gas reserves located in Reeves, Ward, and Pecos counties, West Texas.54.47 is the P/E ratio. The firm was formerly known as Silver Run Acquisition Corporation and changed its name to Centennial Resource Development, Inc. in October 2016.

Centennial Resource Development, Inc. (NASDAQ:CDEV) Analyst Ratings Chart

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