EOG Resources Q2 EPS $2.49 Beats $2.32 Estimate, Sales $5.57B Beat $5.31B Estimate
Portfolio Pulse from Benzinga Newsdesk
EOG Resources reported Q2 earnings of $2.49 per share, beating the analyst consensus estimate of $2.32 by 7.33%. However, the company's quarterly sales of $3.98 billion missed the analyst consensus estimate of $5.31 billion by 24.99%. This represents a 9.12% decrease in earnings and a 46.23% decrease in sales compared to the same period last year.
August 04, 2023 | 2:27 pm
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EOG Resources reported better than expected Q2 earnings but missed on sales. This mixed result could lead to uncertainty in the market.
EOG Resources reported a beat on earnings but a miss on sales. This mixed result could lead to uncertainty among investors, potentially impacting the stock's short-term performance.
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RELEVANCE 100