Canadian Natural Res: Q1 Earnings Insights


Canadian Natural Res CNQ reported its Q1 earnings results on Thursday, May 4, 2023 at 05:00 AM.

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


Canadian Natural Res beat estimated earnings by 1.63%, reporting an EPS of $1.25 versus an estimate of $1.23.

Revenue was down $2.04 billion from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.19 which was followed by a 2.34% increase in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.65 2.10 2.31 1.89
EPS Actual 1.46 2.37 2.55 2.26
Revenue Estimate 6.72B 7.50B 7.93B 8.25B
Revenue Actual 7.21B 8.02B 8.99B 8.43B

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.

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