Earnings Outlook For Cenovus Energy
Portfolio Pulse from Benzinga Insights
Cenovus Energy (NYSE:CVE) is set to release its quarterly earnings report on July 27, 2023. Analysts estimate an EPS of $0.31. The company's past performance shows a pattern of share price drops following earnings beats. The stock is currently trading at $18.14, down 6.24% over the last 52-week period.
July 26, 2023 | 3:02 pm
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Cenovus Energy is expected to report an EPS of $0.31 in its upcoming earnings. The company's stock has a history of falling after beating earnings estimates. The stock is down 6.24% over the last year.
The company's stock has a history of falling after beating earnings estimates, which could indicate investor skepticism about the company's ability to sustain its performance. The stock's negative return over the past year also suggests a bearish sentiment among investors.
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IMPORTANCE 80
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