Benzinga | May 4, 2021 04:37PM EDT

Devon Energy Q1 EPS $0.45 Beats $0.33 Estimate, Sales $1.76B Miss $2.21B Estimate

Devon Energy (NYSE:DVN) reported quarterly earnings of $0.45 per share which beat the analyst consensus estimate of $0.33 by 36.36 percent. This is a 246.15 percent increase over earnings of $0.13 per share from the same period last year. The company reported quarterly sales of $1.76 billion which missed the analyst consensus estimate of $2.21 billion by 20.27 percent. This is a 15.57 percent decrease over sales of $2.09 billion the same period last year.