Civitas Resources (CIVI) Q4 Earnings Surpass Estimates

Civitas Resources (CIVI) came out with quarterly earnings of $3.20 per share, beating the Zacks Consensus Estimate of $2.92 per share. This compares to earnings of $2.49 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.59%. A quarter ago, it was expected that this oil and gas company would post earnings of $2.55 per share when it actually produced earnings of $1.56, delivering a surprise of -38.82%.Over the last four quarters ...