Civitas Resources (CIVI) Beats Q3 Earnings Estimates

Civitas Resources (CIVI) came out with quarterly earnings of $1.93 per share, beating the Zacks Consensus Estimate of $1.34 per share. This compares to earnings of $1.99 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +44.03%. A quarter ago, it was expected that this oil and gas company would post earnings of $1.12 per share when it actually produced earnings of $0.99, delivering a surprise of -11.61%.Over the last four quarte ...