Cenovus Energy (CVE) Beats Q3 Earnings and Revenue Estimates
Cenovus EnergyCenovus Energy(US:CVE) ZACKS·2025-10-31 12:25

分组1 - Cenovus Energy reported quarterly earnings of $0.52 per share, exceeding the Zacks Consensus Estimate of $0.40 per share, and showing an increase from $0.31 per share a year ago, resulting in an earnings surprise of +30.00% [1] - The company achieved revenues of $9.58 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 0.27%, although this represents a decline from year-ago revenues of $10.45 billion [2] - Cenovus has surpassed consensus EPS estimates three times over the last four quarters, while it has topped consensus revenue estimates only once during the same period [2] 分组2 - The stock's immediate price movement will largely depend on management's commentary during the earnings call and future earnings expectations [3] - Cenovus shares have increased by approximately 10.6% since the beginning of the year, compared to a 16% gain in the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is $0.30 on revenues of $9.39 billion, and for the current fiscal year, it is $1.35 on revenues of $36.53 billion [7] 分组3 - The Zacks Industry Rank for Oil and Gas - Integrated - Canadian is currently in the top 18% of over 250 Zacks industries, indicating a favorable outlook for the sector [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that tracking these revisions can be beneficial for investors [5] - Cenovus currently holds a Zacks Rank 1 (Strong Buy), indicating expectations for the stock to outperform the market in the near future [6]