Civitas Resources (CIVI) Earnings Date, Estimates & Call Transcripts

Notice: This company has been marked as potentially delisted and may not be actively trading.

Earnings Summary

Upcoming
Earnings Date
May. 2
After Market Closes
Confirmed
Actual EPS
(Feb. 27)
$3.20 Beat By $0.28
Consensus EPS
(Feb. 27)
$2.92
Skip Charts & View Estimated and Actual Earnings Data

CIVI 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.

CIVI 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.

Civitas Resources Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20243$2.11$3.96$2.87 
Q2 20243$2.91$3.43$3.14 
Q3 20244$3.02$4.07$3.44 
Q4 20243$2.96$3.66$3.35 
FY 202413$11.00$15.12$12.79 
Q1 20251$2.96$2.96$2.96 
Q2 20251$2.65$2.65$2.65 
Q3 20251$2.61$2.61$2.61 
Q4 20251$2.90$2.90$2.90 
FY 20254$11.12$11.12 $11.12

CIVI Earnings Date and Information

Civitas Resources last released its quarterly earnings results on February 27th, 2024. The reported $3.20 earnings per share for the quarter, beating the consensus estimate of $2.92 by $0.28. The firm had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.18 billion. Its revenue for the quarter was up 38.4% on a year-over-year basis. Civitas Resources has generated $8.94 earnings per share over the last year ($8.94 diluted earnings per share) and currently has a price-to-earnings ratio of 8.2. Earnings for Civitas Resources are expected to grow by 16.81% in the coming year, from $11.84 to $13.83 per share. Civitas Resources has confirmed that its next quarterly earnings report will be published on Thursday, May 2nd, 2024. Civitas Resources will be holding an earnings conference call on Friday, May 3rd at 11:00 AM Eastern. Interested parties can register for or listen to the call..

Civitas Resources Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/2/2024
Confirmed)
-------  
2/27/2024Q4 2023$2.92$3.20+$0.28$3.20$1.18 billion$1.13 billion    
11/7/2023Q3 2023$2.55$1.56($0.99)$1.56$1.00 billion$1.04 billion
8/2/2023Q2 2023$1.69$1.72+$0.03$1.72$629.63 million$660.53 million    
5/3/2023Q1 2023$1.96$2.16+$0.20$1.86$669.60 million$656.02 million    
2/22/2023Q4 2022$2.44$2.41($0.03)$1.53$761.63 million$814.27 million    
10/31/2022Q3 2022$3.58$3.47($0.11)$2.20$877.95 million$1.01 billion    
8/3/2022Q2 2022$4.17$4.56+$0.39$3.64$977.90 million$1.15 billion
5/4/2022Q1 2022$2.74$2.43($0.31)$3.79$641.80 million$817.81 million    
3/8/2022Q4 2021$1.66($0.14)($1.80)($2.74)$468.03 million$510.46 million
10/28/2021Q3 2021$1.59$1.73+$0.14$2.15$165.10 million$189.96 million
8/9/2021Q2 2021$1.33($0.83)($2.16)($0.83)$135.80 million$156.04 million
5/3/2021Q1 2021$0.86($0.01)($0.87)($0.01)$64.45 million$74.16 million

Civitas Resources Earnings - Frequently Asked Questions

When is Civitas Resources's earnings date?

Civitas Resources has confirmed that its next quarterly earnings data will be published on Thursday, May 2nd, 2024. Learn more on CIVI's earnings history.

Did Civitas Resources beat their earnings estimates last quarter?

In the previous quarter, Civitas Resources (NYSE:CIVI) reported $3.20 earnings per share (EPS) to beat the analysts' consensus estimate of $2.92 by $0.28. Learn more on analysts' earnings estimate vs. CIVI's actual earnings.

How can I listen to Civitas Resources's earnings conference call?

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

How can I read Civitas Resources's conference call transcript?

The conference call transcript for Civitas Resources's latest earnings report can be read online. Read Transcript

How much revenue does Civitas Resources generate each year?

Civitas Resources (NYSE:CIVI) has a recorded annual revenue of $3.48 billion.

How much profit does Civitas Resources generate each year?

Civitas Resources (NYSE:CIVI) has a recorded net income of $784.29 million. CIVI has generated $8.94 earnings per share over the last four quarters.

What is Civitas Resources's price-to-earnings ratio?

Civitas Resources (NYSE:CIVI) has a trailing price-to-earnings ratio of 8.23 and a forward price-to-earnings ratio of 6.21.

What is Civitas Resources's EPS forecast for next year?

Civitas Resources's earnings are expected to grow from $11.84 per share to $13.83 per share in the next year, which is a 16.81% increase.


More Earnings Resources from MarketBeat

This page (NYSE:CIVI) was last updated on 4/25/2024 by MarketBeat.com Staff

From Our Partners