Denbury Q2 Adj $1.06 Misses $1.23 Estimate, Sales $328.98M Miss $349.47M Estimate
Portfolio Pulse from Benzinga Newsdesk
Denbury (NYSE:DEN) reported Q2 earnings of $1.06 per share, missing the analyst consensus estimate of $1.23 by 13.82%. This is a 37.28% decrease from the same period last year. The company also reported quarterly sales of $328.98 million, missing the analyst consensus estimate of $349.47 million by 5.86%. This is a 31.77% decrease from the same period last year.
August 04, 2023 | 2:27 pm
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Denbury's Q2 earnings and sales fell short of analyst estimates, marking a significant decrease from the same period last year.
Denbury's Q2 earnings and sales missed analyst estimates, which is likely to negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100