Canadian Natural Resources (CNQ) Q1 Earnings and Revenues Surpass Estimates

Group 1 - Canadian Natural Resources (CNQ) reported quarterly earnings of $0.81 per share, exceeding the Zacks Consensus Estimate of$ 0.73 per share, and up from $0.51 per share a year ago, representing an earnings surprise of 10.96% [1] - The company posted revenues of$ 7.62 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 12.04%, compared to year-ago revenues of $6.12 billion [2] - Over the last four quarters, Canadian Natural Resources has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] Group 2 - The stock has underperformed the market, losing about 6.8% since the beginning of the year, compared to the S&P 500's decline of 4.3% [3] - The current consensus EPS estimate for the coming quarter is$ 0.47 on revenues of $6.07 billion, and for the current fiscal year, it is$ 2.53 on revenues of $26.47 billion [7] - The Zacks Industry Rank for Oil and Gas - Exploration and Production - Canadian is in the top 38% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]