Civitas (CIVI) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended December 2023, Civitas Resources (CIVI) reported revenue of $1.13 billion, up 38.4% over the same period last year. EPS came in at $3.20, compared to $2.49 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.2 billion, representing a surprise of -6.35%. The company delivered an EPS surprise of +9.59%, with the consensus EPS estimate being $2.92.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall S ...