Devon Energy (DVN) Q4 Earnings and Revenues Surpass Estimates

Devon Energy (DVN) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $1 per share. This compares to earnings of $1.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16%. A quarter ago, it was expected that this oil and gas exploration company would post earnings of $1.06 per share when it actually produced earnings of $1.10, delivering a surprise of 3.77%.Over the last four quarters, ...