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Civitas Resources (CIVI) Beats Q3 Earnings Estimates

Civitas Resources (CIVI) came out with quarterly earnings of 1.93pershare,beatingtheZacksConsensusEstimateof1.93 per share, beating the Zacks Consensus Estimate of 1.34 per share. This compares to earnings of 1.99pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+44.031.99 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +44.03%. A quarter ago, it was expected that this oil and gas company would post earnings of 1.12 per share when it actually produced earnings of $0.99, delivering a surprise of -11.61%.Over the last four quarte ...