Devon’s Pre-Q3 Earnings Analysis: Should You Buy or Hold the Stock? – November 4, 2024
Devon Energy Corporation (DVN – Free Report) is expected to report a year-over-year decline in its top and bottom lines when it reports third-quarter 2024 results on Nov. 5, after the market close.
Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.
The Zacks Consensus Estimate for DVN’s third-quarter revenues is pegged at $3.86 billion, indicating a 2% decline from the year-ago reported figure.
The consensus estimate for earnings is pegged at $1.06 per share. The Zacks Consensus Estimate for DVN’s third-quarter earnings has declined 18.46% in the past 60 days. The estimate suggests a year-over-year decline of 35.8%.
Image Source: Zacks Investment Research
