Civitas Resources CIVI reported its Q4 earnings results on Tuesday, February 27, 2024 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Civitas Resources beat estimated earnings by 17.0%, reporting an EPS of $3.2 versus an estimate of $2.73.
Revenue was up $312.73 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $1.01 which was followed by a 6.0% drop in the share price the next day.
Here's a look at Civitas Resources's past performance:
Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
---|---|---|---|---|
EPS Estimate | 2.57 | 1.68 | 2.13 | 2.63 |
EPS Actual | 1.56 | 1.72 | 2.46 | 2.49 |
Revenue Estimate | 998.22M | 640.84M | 648.80M | 746.18M |
Revenue Actual | 1.04B | 660.53M | 656.02M | 814.27M |
To track all earnings releases for Civitas Resources visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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