Ovintiv (OVV) Q4 Earnings and Revenues Surpass Estimates

分组1 - Ovintiv reported quarterly earnings of $1.39 per share, exceeding the Zacks Consensus Estimate of $0.98 per share, and showing an earnings surprise of +42.46% [1] - The company posted revenues of $2.15 billion for the quarter, surpassing the Zacks Consensus Estimate by 10.21%, although this is a slight decrease from $2.19 billion year-over-year [2] - Ovintiv shares have increased by approximately 29.1% since the beginning of the year, significantly outperforming the S&P 500's gain of 0.9% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.92 on revenues of $1.98 billion, and for the current fiscal year, it is $3.79 on revenues of $8.37 billion [7] - The Zacks Industry Rank for Oil and Gas - Exploration and Production - Canadian is currently in the bottom 6% of over 250 Zacks industries, indicating potential underperformance compared to higher-ranked industries [8]