Kosmos Energy Earnings Perspective: Return On Capital Employed
Portfolio Pulse from Benzinga Insights
Kosmos Energy (NYSE:KOS) reported Q1 earnings of $83.31 million, a 172.9% increase from Q4, while sales dropped 30.13% to $393.87 million. The company posted a return on capital employed (ROCE) of 0.1%, indicating effective capital allocation. However, Q1 earnings per share of $0.16 did not meet analyst predictions of $0.17.
May 24, 2023 | 2:47 pm
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NEUTRAL IMPACT
Kosmos Energy's Q1 earnings increased 172.9% to $83.31 million, but sales dropped 30.13% to $393.87 million. The company's ROCE of 0.1% indicates effective capital allocation, but EPS of $0.16 missed analyst predictions.
Kosmos Energy's Q1 earnings showed a significant increase, but sales dropped, and EPS missed analyst predictions. The company's ROCE indicates effective capital allocation, which is a positive sign for long-term success. However, the mixed results make it difficult to predict the short-term impact on the stock price, resulting in a neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100