DENVER (AP) — DENVER (AP) — Civitas Resources, Inc. (CIVI) on Tuesday reported third-quarter net income of $139.7 million.
The Denver-based company said it had profit of $1.56 per share.
The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.55 per share.
The oil and gas company posted revenue of $1.04 billion in the period, surpassing Street forecasts. Five analysts surveyed by Zacks expected $1 billion.
Advertisement
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CIVI at https://www.zacks.com/ap/CIVI
Advertisement