Canadian Natural Resources: Q3 Earnings Insights

Canadian Natural Resources: Q3 Earnings Insights

Canadian Natural Res CNQ reported its Q3 earnings results on Thursday, November 3, 2022 at 05:00 AM.

Here's what investors need to know about the announcement.

Earnings

Canadian Natural Res beat estimated earnings by 12.86%, reporting an EPS of $2.37 versus an estimate of $2.1.

Revenue was up $1.25 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.24 which was followed by a 2.14% increase in the share price the next day.

Here's a look at Canadian Natural Res's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 2.31 1.89 1.65 1.25
EPS Actual 2.55 2.26 1.75 1.41
Revenue Estimate 7.93B 8.25B 6.82B 6.06B
Revenue Actual 8.99B 8.43B 7.31B 6.76B

To track all earnings releases for Canadian Natural Res visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings