Chord Energy Q2 EPS $3.66 Misses $3.88 Estimate, Sales $695.43M Miss $701.66M Estimate
Portfolio Pulse from Benzinga Newsdesk
Chord Energy (NASDAQ:CHRD) reported Q2 earnings of $3.66 per share, missing the analyst consensus estimate of $3.88 by 5.67%. This is a 49.86% decrease from the same period last year. The company also reported quarterly sales of $695.43 million, missing the analyst consensus estimate of $701.66 million by 0.89%. This is a 29.13% increase from the same period last year.
August 04, 2023 | 12:17 pm
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Chord Energy's Q2 earnings and sales missed estimates, which could negatively impact the stock price.
Chord Energy's earnings per share and sales for Q2 both missed analyst estimates. This underperformance could lead to a decrease in investor confidence and a potential drop in the stock price.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100