The second quarter of 2018 ended on a positive note for Devon Energy Corp. (DVN). Its adjusted earnings per share were $2.59, beating the Zacks Consensus Estimate by 8.8%. The company raised its quarterly dividend by 13% to 18 cents per share. Revenue topped $5.63 billion, while the five Zacks analysts expected it to generate $4.8 billion.
As a result, DVN performance is important for hedge fund managers and individual traders. These investors want to avoid potentially devastating losses, which can wipe out the value of their portfolios. Consequently, they look for accurate performance predictions. However, this does not guarantee success. You must be patient, as the results will not be immediately apparent. To prevent this, consider buying stock before the earnings report. The best time to purchase DVN shares is before the call.
When is the earnings report for dvn? In the following table, you’ll find the next earnings date and status. If the company hasn’t yet published its earnings report, this means that it will be released at some point. However, if the earnings report isn’t released before that date, you should still invest in the stock. Its stock price has dropped since it last announced earnings. This decrease in its stock price indicates that it is time to buy more shares.