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Centennial Resource Dev: Q4 Earnings Insights

Centennial Resource Dev (NASDAQ:CDEV) reported its Q4 earnings results on Wednesday, February 23, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Centennial Resource Dev beat estimated earnings by 75.86%, reporting an EPS of $0.51 versus an estimate of $0.29.

Revenue was up $168.34 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.07 which was followed by a 0.13% increase in the share price the next day.

Here's a look at Centennial Resource Dev's past performance:

 

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate 0.19 0.04   -0.06
EPS Actual 0.12 -0.09 -0.12 -0.32
Revenue Estimate 251.02M 187.74M 157.06M 142.46M
Revenue Actual 288.50M 232.58M 192.39M 148.08M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

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

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