Civitas Resources (CIVI) Surpasses Q3 Earnings Estimates

Civitas Resources (CIVI) came out with quarterly earnings of $1.99 per share, beating the Zacks Consensus Estimate of $1.86 per share. This compares to earnings of $1.56 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.99%. A quarter ago, it was expected that this oil and gas company would post earnings of $2.93 per share when it actually produced earnings of $2.06, delivering a surprise of -29.69%.Over the last four quarters ...