Magnolia Oil & Gas's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Magnolia Oil & Gas (NYSE:MGY) is set to release its latest quarterly earnings report on Tuesday, 2023-08-01. Analysts estimate an earnings per share (EPS) of $0.43. The company's past performance shows a trend of share price drops following earnings beats. Shares were trading at $22.09 as of July 28, with a 52-week return of -8.15%.
July 31, 2023 | 6:03 pm
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Magnolia Oil & Gas is expected to report an EPS of $0.43 in its upcoming earnings. The company's stock has historically dropped following earnings beats.
The company's past performance shows a trend of share price drops following earnings beats. Given this trend and the negative 52-week return, the stock price is likely to be negatively impacted in the short term.
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