Investing.com - Crescent Point Energy reported first quarter earnings that missed analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of C$0.21 on revenue of C$793.3M (NYSE:MMM). Analysts polled by Investing.com anticipated EPS of C$0.3219 on revenue of C$365M. .
For the year, Crescent Point Energy shares are up 42%, outperforming the STOXX 600 which is down 10.34% year to date.
Crescent Point Energy follows other major Energy sector earnings this month
On Thursday, Canadian Natural reported first quarter EPS of C$2.21 on revenue of C$8.12B, compared to forecasts of EPS of C$2.05 on revenue of C$8.14B.
TC Energy earnings beat analyst's expectations on Tuesday, February 15, 2022, with fourth quarter EPS of C$1.06 on revenue of C$3.58B. Investing.com analysts expected EPS of C$1.05 on revenue of C$3.29B
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