A Glimpse of Cenovus Energy's Earnings Potential

Cenovus Energy CVE is gearing up to announce its quarterly earnings on Thursday, 2025-05-08. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Cenovus Energy will report an earnings per share (EPS) of $0.31.

Cenovus Energy bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Earnings History Snapshot

Last quarter the company missed EPS by $0.13, which was followed by a 4.58% drop in the share price the next day.

Here's a look at Cenovus Energy's past performance and the resulting price change:

Tracking Cenovus Energy's Stock Performance

Shares of Cenovus Energy were trading at $11.84 as of May 06. Over the last 52-week period, shares are down 43.33%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.

To track all earnings releases for Cenovus Energy visit their earnings calendar on our site.

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