Earnings Preview: Crescent Point Energy
Portfolio Pulse from Benzinga Insights
Crescent Point Energy (NYSE:CPG) is set to release its quarterly earnings report on November 2, 2023. Analysts estimate an EPS of $0.33. The company's stock price has historically been affected by its earnings performance and guidance. Last quarter, the company missed EPS by $0.03, resulting in a 4.55% drop in share price. The stock is currently trading at $8.01, up 1.13% over the last 52-week period.

November 01, 2023 | 2:02 pm
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NEUTRAL IMPACT
Crescent Point Energy's upcoming earnings report could impact its stock price. Last quarter's EPS miss led to a 4.55% drop in share price. The stock is currently trading at $8.01, up 1.13% over the last 52-week period.
Crescent Point Energy's stock price has historically been affected by its earnings performance. Last quarter, the company missed its EPS estimate, which led to a 4.55% drop in share price. Given this, the upcoming earnings report could have a significant impact on the stock price, especially if the company misses its EPS estimate again. However, the stock has been performing well over the last 52-week period, which could indicate investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100