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