Centennial Resource Dev (NASDAQ:CDEV) reported its Q1 earnings results on Wednesday, May 4, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Centennial Resource Dev missed estimated earnings by 86.11%, reporting an EPS of $0.05 versus an estimate of $0.36.
Revenue was up $154.89 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.22 which was followed by a 5.2% increase in the share price the next day.
Here's a look at Centennial Resource Dev's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.29 | 0.19 | 0.04 | |
| EPS Actual | 0.51 | 0.12 | -0.09 | -0.12 |
| Revenue Estimate | 291.22M | 251.02M | 187.74M | 157.06M |
| Revenue Actual | 316.42M | 288.50M | 232.58M | 192.39M |
To track all earnings releases for Centennial Resource Dev visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
