Pioneer Natural Resources Q2 EPS $4.55 Beats $4.12 Estimate
Portfolio Pulse from Benzinga Newsdesk
Pioneer Natural Resources (NYSE:PXD) reported Q2 earnings of $4.55 per share, beating the analyst consensus estimate of $4.12 by 10.44%. However, this is a 51.39% decrease from the same period last year.
August 04, 2023 | 10:25 am
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Pioneer Natural Resources reported better than expected Q2 earnings but showed a significant decrease compared to last year.
While the company beat the Q2 earnings estimates, the significant decrease from the same period last year might concern investors. This mixed result could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100