Pioneer Natural Resources: Q1 Earnings Insights

Pioneer Natural Resources PXD reported its Q1 earnings results on Wednesday, May 4, 2022 at 04:00 PM.

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

Pioneer Natural Resources beat estimated earnings by 12.34%, reporting an EPS of $7.74 versus an estimate of $6.89.

Revenue was up $2.11 billion from the same period last year.

Last quarter the company beat on EPS by $0.5 which was followed by a 3.44% increase in the share price the next day.

Here's a look at Pioneer Natural Resources's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	4.08	3.87	2.61	1.45
EPS Actual	4.58	4.13	2.55	1.77
Revenue Estimate	3.15B	4.50B	2.15B	1.49B
Revenue Actual	3.72B	3.28B	2.68B	1.82B

To track all earnings releases for Pioneer Natural Resources visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.