Civitas Resources (NYSE:CIVI) reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:15 PM.

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

Earnings

Civitas Resources missed estimated earnings by 39.3%, reporting an EPS of $1.56 versus an estimate of $2.57.

Revenue was up $28.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 1.01% drop in the share price the next day.

Here's a look at Civitas Resources's past performance:

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.