From Financial Modeling Prep: 2025-02-17 02:00:04

Devon Energy Corporation, listed as NYSE:DVN, is set to release its quarterly earnings on February 18, 2025. Analysts predict an EPS of $1 and revenue of approximately $4.25 billion for the quarter. The anticipated EPS represents a 29.1% decrease from the previous year, but revenue is expected to grow by 2.2%.

There has been an 11.3% upward revision in the consensus EPS estimate over the past 30 days, signaling positive expectations from analysts. Devon Energy has a history of surpassing earnings estimates, with an average surprise of 4.99% over the last four quarters. This trend is crucial as it often impacts short-term stock price performance.

Financial metrics for Devon Energy include a P/E ratio of 6.33, a price-to-sales ratio of 1.50, and an earnings yield of 15.80%. However, the company has a high debt-to-equity ratio of 645.23, indicating significant leverage that could pose risks if not managed effectively. Investors seeking returns may find the company’s metrics attractive, but should consider the leverage factor.



Read more at Financial Modeling Prep:: Devon Energy Corporation (NYSE:DVN) Quarterly Earn…