Should You Buy or Hold the Stock?
Devon Energy Corporation DVN 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.
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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
Devon’s earnings beat the Zacks…
