CALGARY ALBERTA CANADA, Alberta (AP) — CALGARY ALBERTA CANADA, Alberta (AP) — Canadian Natural Resources Ltd. (CNQ) on Thursday reported first-quarter earnings of $732.1 million.
The Calgary Alberta Canada, Alberta-based company said it had net income of 68 cents per share. Earnings, adjusted for non-recurring costs, came to $1.02 per share.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.04 per share.
The oil and natural gas company posted revenue of $6.99 billion in the period. Its adjusted revenue was $6.12 billion, which beat Street forecasts. Three analysts surveyed by Zacks expected $6.01 billion.
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