Devon Energy Corp. (DVN) released a profit for third quarter that Drops, from the same period last year
The company's bottom line came in at $687 million, or $1.09 per share. This compares with $812 million, or $1.30 per share, last year.
Excluding items, Devon Energy Corp. reported adjusted earnings of $656 million or $1.04 per share for the period.
The company's revenue for the period rose 7.6% to $4.331 billion from $4.024 billion last year.
Devon Energy Corp. earnings at a glance (GAAP) :
-Earnings: $687 Mln. vs. $812 Mln. last year.-EPS: $1.09 vs. $1.30 last year.-Revenue: $4.331 Bln vs. $4.024 Bln last year.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.