Cenovus Energy Q1 EPS $0.33 Misses $0.38 Estimate, Sales $9.26B Miss $13.92B Estimate

Cenovus Energy (NYSE:CVE) reported quarterly earnings of $0.33 per share which missed the analyst consensus estimate of $0.38 by 13.16 percent. This is a 28.26 percent decrease over earnings of $0.46 per share from the same period last year. The company reported quarterly sales of $9.26 billion which missed the analyst consensus estimate of $13.92 billion by 33.47 percent. This is a 6.80 percent decrease over sales of $9.94 billion the same period last year.