Civitas Resources (CIVI) Misses Q2 Earnings and Revenue Estimates

Civitas Resources (CIVI) came out with quarterly earnings of $2.06 per share, missing the Zacks Consensus Estimate of$ 2.93 per share. This compares to earnings of $1.72 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -29.69%. A quarter ago, it was expected that this oil and gas company would post earnings of$ 2.51 per share when it actually produced earnings of $1.74, delivering a surprise of -30.68%. Over the last four quar ...