Earnings Outlook For Ovintiv
Portfolio Pulse from Benzinga Insights
Ovintiv (NYSE:OVV) is set to release its latest quarterly earnings report on November 7, 2023. Analysts estimate an earnings per share (EPS) of $1.74. The company's past performance shows a pattern of share price changes following earnings reports. The stock is currently trading at $48.81, down 12.38% over the last 52-week period.
November 06, 2023 | 4:01 pm
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NEUTRAL IMPACT
Ovintiv's upcoming earnings report could impact its stock price. The company has a history of share price changes following earnings reports. The stock is currently down 12.38% over the last 52-week period.
The upcoming earnings report is a significant event for Ovintiv. Given the company's history of share price changes following earnings reports, this could potentially impact the stock price. However, the current downward trend in the stock price indicates a bearish sentiment among long-term shareholders.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100