Cenovus Energy (CVE) Beats Q3 Earnings and Revenue Estimates

Cenovus Energy (CVE) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.4 per share. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +30.00%. A quarter ago, it was expected that this oil company would post earnings of $0.14 per share when it actually produced earnings of $0.33, delivering a surprise of +135.71%.Over the last four quarters, the comp ...