Crescent Energy (NYSE:CRGY) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
Crescent Energy beat estimated earnings by 344.0%, reporting an EPS of $1.11 versus an estimate of $0.25.
Revenue was down $8.77 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.08 which was followed by a 1.02% drop in the share price the next day.
Here’s a look at Crescent Energy’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.60 | 0.89 | 0.9 | |
| EPS Actual | 0.68 | 1.06 | 1.3 | -2.03 |
| Revenue Estimate | 563.29M | 666.33M | 557.00M | 400.00M |
| Revenue Actual | 684.76M | 864.96M | 908.43M | 598.91M |
To track all earnings releases for Crescent Energy visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
