Devon Energy (DVN) Q2 Earnings and Revenues Surpass Estimates

Devon Energy (DVN) came out with quarterly earnings of $1.41 per share, beating the Zacks Consensus Estimate of$ 1.29 per share. This compares to earnings of $1.18 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 9.30%. A quarter ago, it was expected that this oil and gas exploration company would post earnings of$ 1.10 per share when it actually produced earnings of $1.16, delivering a surprise of 5.45%. Over the last four qu ...