Earnings Preview For Ovintiv
Portfolio Pulse from Benzinga Insights
Ovintiv (NYSE:OVV) is set to release its quarterly earnings report on July 27, 2023. Analysts estimate an EPS of $0.84. The company's past performance shows a trend of missing EPS estimates and subsequent share price drops. Shares are currently trading at $42.57, down 12.11% over the last 52-week period.
July 26, 2023 | 5:03 pm
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Ovintiv's upcoming earnings report could impact its stock price. The company has a history of missing EPS estimates, which has led to share price drops. Its shares are currently down 12.11% over the last 52 weeks.
Ovintiv's stock price has historically been negatively impacted by its earnings reports, particularly when it misses EPS estimates. Given this trend and the current negative return on its shares, it's likely that the upcoming earnings report could lead to a further decrease in the stock price.
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RELEVANCE 100