Cenovus Energy Q1 EPS $0.47 Beats $0.42 Estimate, Sales $13.30B Beat $12.60B Estimate

Cenovus Energy (TSX:CVE) reported quarterly earnings of $0.47 per share which beat the analyst consensus estimate of $0.42 by 11.9 percent. This is a 24.19 percent decrease over earnings of $0.62 per share from the same period last year. The company reported quarterly sales of $13.30 billion which beat the analyst consensus estimate of $12.60 billion by 5.55 percent. This is a 0.73 percent decrease over sales of $13.40 billion the same period last year.