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Canadian Natural Resources (CNQ) Q1 Earnings and Revenues Surpass Estimates
CNQCanadian Natural Resources(CNQ) ZACKS· ZACKS·2025-05-08 14:05

Group 1 - Canadian Natural Resources (CNQ) reported quarterly earnings of 0.81pershare,exceedingtheZacksConsensusEstimateof0.81 per share, exceeding the Zacks Consensus Estimate of 0.73 per share, and up from 0.51pershareayearago,representinganearningssurpriseof10.960.51 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 6.12billion[2]Overthelastfourquarters,CanadianNaturalResourceshassurpassedconsensusEPSestimatesthreetimesandtoppedconsensusrevenueestimatesfourtimes[2]Group2Thestockhasunderperformedthemarket,losingabout6.86.12 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 6.07billion,andforthecurrentfiscalyear,itis6.07 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]