Ovintiv (OVV) Misses Q2 Earnings Estimates

Ovintiv (OVV) came out with quarterly earnings of $1.02 per share, missing the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $1.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.92%. A quarter ago, it was expected that this energy company would post earnings of $1.2 per share when it actually produced earnings of $1.42, delivering a surprise of +18.33%.Over the last four quarters, the company ha ...