Devon Energy: Q3 Earnings Insights

Devon Energy DVN reported its Q3 earnings results on Tuesday, November 2, 2021 at 04:05 PM.

Here's what investors need to know about the announcement.

Devon Energy their estimated earnings by 17.39%, reporting an EPS of $1.08 versus an estimate of $0.92, which surprised analysts.

Revenue was up $2,399,000,000 from the same period last year.

Last quarter the company beat on EPS by $0.11, which was followed by a 3.51% drop in the share price the next day.

Here's a look at Devon Energy's past performance:

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	0.49	0.33	0.03	-0.12
EPS Actual	0.60	0.45	0.01	-0.07
Revenue Estimate	2.29B	2.21B	1.15B	1.02B
Revenue Actual	2.42B	1.76B	1.28B	1.07B

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