Devon Energy Corporation (NYSE: DVN) is scheduled to reveal its financial results for the third quarter on Tuesday 5th November 2024. This disclosure will take place after market close, providing investors with significant information regarding the company's performance in the last three months period.
According to predictions from financial analysts on Wall Street, the organization is expected to report an estimated per share $1.09 profit for the quarter. Furthermore, the company is anticipated to unveil a total revenue of $3.74 billion during this period.
The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $15.58 billion. Additionally, they are expecting the company to achieve a per share profit of $5.02 for the fiscal year 2024.
When examining the earnings report from the corresponding quarter of the previous year, it is evident that the company showcased per-share income of $1.65. This numbers can be credited to the company's total revenue, which amounted to an impressive $3.84 billion during the same quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.41 | +19.5% | 3.92 B | +13.4% |
| Q1 2024 | $1.16 | -20.5% | 3.60 B | -5.9% |
| Q4 2023 | $1.41 | -15.1% | 4.15 B | -3.6% |
| Q3 2023 | $1.65 | -24.3% | 3.84 B | -29.4% |
| Q2 2023 | $1.18 | -54.4% | 3.45 B | -38.6% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 6th November 2024 at 11:00 AM eastern time, in a conference call with public.
Devon Energy Corporation (DVN) closed Friday's regular trading session at $38.32, marking a 0.93 percent decrease. During the day, DVN shares traded between $38.16 and $39.12, with a day volume of 5.85 million shares.
