Cenovus Energy (CVE) Earnings Date, Estimates & Call Transcripts

$20.34
-0.22 (-1.07%)
(As of 05/1/2024 ET)

Earnings Summary

Latest
Earnings Date
May. 1Confirmed
Actual EPS
(May. 1)
$0.62 Beat By $0.27
Consensus EPS
(May. 1)
$0.35
Skip Charts & View Estimated and Actual Earnings Data

CVE Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

CVE Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Cenovus Energy Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20242$0.60$0.67$0.64
Q2 20242$0.56$0.62$0.59
Q3 20242$0.47$0.64$0.56
Q4 20241$0.44$0.44$0.44
FY 20247$2.07$2.37$2.22
Q1 20251$0.48$0.48$0.48
Q2 20251$0.49$0.49$0.49
Q3 20251$0.43$0.43$0.43

CVE Earnings Date and Information

Cenovus Energy last released its quarterly earnings data on May 1st, 2024. The oil and gas company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.27. The firm earned $15.68 billion during the quarter, compared to analyst estimates of $15.04 billion. Its quarterly revenue was up 14.0% compared to the same quarter last year. Cenovus Energy has generated $1.58 earnings per share over the last year ($1.58 diluted earnings per share) and currently has a price-to-earnings ratio of 12.9. Earnings for Cenovus Energy are expected to grow by 20.74% in the coming year, from $1.88 to $2.27 per share. Cenovus Energy has confirmed that its next quarterly earnings report will be published on Wednesday, May 1st, 2024.

Cenovus Energy Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/1/2024-$0.35$0.62+$0.27-$15.04 billion$15.68 billion  
2/15/2024Q4 2023$0.25$0.29+$0.04$0.29$9.73 billion$9.65 billion    
11/2/2023Q3 2023$0.63$0.72+$0.09$0.72$9.84 billion$10.87 billion
7/27/2023Q2 2023$0.32$0.33+$0.01$0.33$9.69 billion$9.11 billion
4/26/2023Q1 2023$0.22$0.24+$0.02$0.24$9.96 billion$9.07 billion
2/16/2023Q4 2022$0.48$0.29($0.19)$0.29$9.77 billion$10.36 billion
11/2/2022Q3 2022$0.78$0.62($0.16)$0.62$10.41 billion$13.39 billion
7/28/2022Q2 2022$0.89$0.93+$0.04$0.93$13.16 billion$15.02 billion
4/27/2022Q1 2022$0.83$0.62($0.21)$0.62$10.69 billion$14.18 billion
2/8/2022Q4 2021$0.41$0.43+$0.02$1.02$13.99 billion$16.37 billion    
11/2/2021Q3$0.36$0.27($0.09)$0.21$11.74 billion$10.67 billion    
7/28/2021Q2 2021$0.29$0.11($0.18)$0.09-$8.61 billion    
5/6/2021Q1 2021$0.12$0.08($0.04)$0.08$7.32 billion$7.52 billion  

Cenovus Energy Earnings - Frequently Asked Questions

When is Cenovus Energy's earnings date?

Cenovus Energy has confirmed that its next quarterly earnings data will be published on Wednesday, May 1st, 2024. Learn more on CVE's earnings history.

Did Cenovus Energy beat their earnings estimates last quarter?

In the previous quarter, Cenovus Energy (NYSE:CVE) reported $0.62 earnings per share (EPS) to beat the analysts' consensus estimate of $0.35 by $0.27. Learn more on analysts' earnings estimate vs. CVE's actual earnings.

How can I listen to Cenovus Energy's earnings conference call?

The conference call for Cenovus Energy's latest earnings report can be listened to online. Listen to Conference Call

How much revenue does Cenovus Energy generate each year?

Cenovus Energy (NYSE:CVE) has a recorded annual revenue of $38.67 billion.

How much profit does Cenovus Energy generate each year?

Cenovus Energy (NYSE:CVE) has a recorded net income of $3.04 billion. CVE has generated $1.58 earnings per share over the last four quarters.

What is Cenovus Energy's price-to-earnings ratio?

Cenovus Energy (NYSE:CVE) has a trailing price-to-earnings ratio of 12.87 and a forward price-to-earnings ratio of 10.82.

What is Cenovus Energy's EPS forecast for next year?

Cenovus Energy's earnings are expected to grow from $1.88 per share to $2.27 per share in the next year, which is a 20.74% increase.


More Earnings Resources from MarketBeat

This page (NYSE:CVE) was last updated on 5/1/2024 by MarketBeat.com Staff

From Our Partners