Devon Energy (DVN) Q4 Earnings and Revenues Surpass Estimates
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Devon Energy (DVN) reported Q4 earnings of $1.16 per share, surpassing the Zacks Consensus Estimate of $1 per share, though down from $1.41 per share a year ago.
February 18, 2025 | 11:30 pm
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Devon Energy reported Q4 earnings of $1.16 per share, exceeding expectations of $1.00 per share, but down from $1.41 a year ago.
The earnings beat is likely to have a positive short-term impact on DVN's stock price as it exceeded analyst expectations, which often leads to a positive market reaction. However, the year-over-year decline in earnings might temper the enthusiasm.
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