Civitas Resources (CIVI) Q1 Earnings Top Estimates

Civitas Resources (CIVI) came out with quarterly earnings of $1.77 per share, beating the Zacks Consensus Estimate of $1.68 per share. This compares to earnings of $1.74 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 5.36%. A quarter ago, it was expected that this oil and gas company would post earnings of $1.95 per share when it actually produced earnings of $1.78, delivering a surprise of -8.72%. Over the last four quarter ...