Devon Energy Misses Q2 2018 EPS and Revenues Estimates
Devon Energy (DVN) announced its Q2 2018 earnings yesterday after the market closed. It missed adjusted EPS estimates by $0.02 in Q2 2018. DVN reported an adjusted profit of $0.34 per share, whereas the Wall Street analyst consensus was for a profit of $0.36 per share. On a year-over-year basis, Devon Energy’s Q2 2018 adjusted EPS are the same as the Q2 2017 adjusted EPS of $0.34. Sequentially, DVN’s Q2 2018 adjusted EPS are higher than the $0.20 in Q1 2018.