FMP
Nov 6, 2024 12:24 PM - Davit Kirakosyan
Image credit: FMP
Devon Energy (NYSE:DVN) posted impressive third-quarter 2024 results, with revenue surpassing estimates and helping lift its stock by more than 2% in pre-market today.
The oil and gas giant reported revenue of $4.02 billion, well above the anticipated $3.72 billion and reflecting substantial growth over last year’s figures. However, its adjusted earnings per share landed at $1.10, narrowly missing the consensus estimate of $1.11.
The strong revenue performance overshadowed the slight earnings miss, driving investor confidence and boosting Devon’s stock.
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...
May 24, 2024 9:30 AM - Rajnish Katharotiya
Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...
May 27, 2024 3:30 PM - Rajnish Katharotiya
In the ever-evolving world of technology, certain sectors have consistently demonstrated exceptional growth and innovation. The graphics processing units (GPUs) industry is one such sector, offering investors a golden opportunity for potentially high returns. In this blog, we'll delve into why inves...