Insights into Cenovus Energy's Upcoming Earnings

+1.75%

Cenovus Energy Inc.

CVE

18.03

+1.75%

Cenovus Energy (NYSE:CVE) is set to give its latest quarterly earnings report on Thursday, 2024-10-31. Here's what investors need to know before the announcement.

Analysts estimate that Cenovus Energy will report an earnings per share (EPS) of $0.54.

Investors in Cenovus Energy are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Earnings Track Record

The company's EPS missed by $0.13 in the last quarter, leading to a 5.15% drop in the share price on the following day.

Here's a look at Cenovus Energy's past performance and the resulting price change:

Quarter	Q2 2024	Q1 2024	Q4 2023	Q3 2023
EPS Estimate	0.52	0.39	0.25	0.71
EPS Actual	0.39	0.46	0.29	0.72
Price Change %	-5.0%	1.0%	-0.0%	-2.0%

eps graph

To track all earnings releases for Cenovus Energy visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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