Civitas Resources Q3 2023 EPS $1.56, Revenue $1.035B Beats $1.014B Estimate
Portfolio Pulse from Benzinga Newsdesk
Civitas Resources reported Q3 2023 earnings per share (EPS) of $1.56, beating estimates. The company also reported revenue of $1.035B, surpassing the $1.014B estimate.
November 07, 2023 | 9:40 pm
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POSITIVE IMPACT
Civitas Resources' Q3 2023 earnings and revenue beat estimates, which could positively impact the company's stock in the short term.
Civitas Resources reported higher than expected earnings and revenue for Q3 2023. This positive financial performance could increase investor confidence and demand for the stock, potentially driving its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100