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Encana Stock Reacts to Its 1Q18 Earnings

Nicholas Chapman
Encana Stock Reacts to Its 1Q18 Earnings

Encana (ECA) announced its 1Q18 earnings on May 1 before the market opened. In 1Q18, Encana reported adjusted revenues of ~$1.31 billion—better than analysts’ consensus of ~$1.22 billion. In 1Q18, Encana reported an adjusted profit of $0.16 per share—better than analysts’ consensus for a profit of $0.13 per share. To learn more about Encana’s net income and revenues, refer to Part 1 and Part 2 in this series.