Imperial Oil Q2 Sales $8.71B Miss $9.85B Estimate
Portfolio Pulse from Benzinga Newsdesk
Imperial Oil's Q2 sales were reported at $8.71 billion, missing the analyst consensus estimate of $9.85 billion by 11.55 percent. This represents a 35.76 percent decrease from the same period last year.
July 28, 2023 | 11:58 am
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NEGATIVE IMPACT
Imperial Oil's Q2 sales fell short of analyst estimates by 11.55%, a significant decrease from the same period last year.
Imperial Oil's sales for Q2 were significantly lower than expected, missing analyst estimates by 11.55%. This is likely to negatively impact investor sentiment and could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100