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Chord Energy Corporation (CHRD) came out with quarterly earnings of $7.20 per share, missing the Zacks Consensus Estimate of $8.06 per share. This compares to earnings of $3.16 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -10.67%. A quarter ago, it was expected that this company would post earnings of $7.81 per share when it actually produced earnings of $7.30, delivering a surprise of -6.53%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
Chord Energy Corporation, which belongs to the Zacks Oil and Gas - Exploration and Production - United States industry, posted revenues of $1.19 billion for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 41.19%. This compares to year-ago revenues of $402.04 million. The company has topped consensus revenue estimates four times over the last four quarters.
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