Investing.com - Ovintiv reported first quarter earnings that missed analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of C$0.21 on revenue of C$2.37B. Analysts polled by Investing.com forecast EPS of C$0.36 on revenue of C$2.2B. That compared to EPS of C$0.19 on revenue of C$1.73B in the same period a year earlier. The company had reported EPS of C$1.07 on revenue of C$2.33B in the previous quarter.
Ovintiv follows other major Energy sector earnings this month
On Friday, May 1, 2020, TC Energy reported first quarter EPS of C$1.18 on revenue of C$3.42B, compared to forecasts of EPS of C$1.07 on revenue of C$3.61B.
Canadian Natural earnings missed analyst's expectations on Thursday, with first quarter EPS of C$-0.25 on revenue of C$4.5B. Investing.com analysts expected EPS of C$0.01 on revenue of C$4.39B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar