Ecopetrol (EC) Gears Up for Q4 Earnings: What's in Store?

Ecopetrol SA (EC) is set to report fourth-quarter 2023 earnings on Feb 29, after the closing bell.In the last reported quarter, the company’s earnings of 61 cents per unit beat the Zacks Consensus Estimate of 51 cents. Ecopetrol’s earnings beat the Zacks Consensus Estimate in two of the trailing four quarters and missed the same once, delivering an average surprise of 3.6%. This is depicted in the graph below. Estimate TrendThe Zacks Consensus Estimate for fourth-quarter earnings per unit of 65 cents witnes ...