GeoPark Q2 EPS $0.59 Misses $0.68 Estimate, Sales $182.30M Beat $178.50M Estimate
Portfolio Pulse from Benzinga Newsdesk
GeoPark (NYSE:GPRK) reported Q2 earnings of $0.59 per share, missing the analyst consensus estimate of $0.68 by 13.24%. This is a 47.79% decrease from the same period last year. However, the company reported quarterly sales of $182.30 million, beating the analyst consensus estimate of $178.50 million by 2.13%. This is a 41.42% decrease from the same period last year.
August 09, 2023 | 8:49 pm
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GeoPark's Q2 earnings missed estimates and decreased significantly YoY, but sales beat estimates despite a YoY decrease.
GeoPark's earnings miss and significant YoY decrease could negatively impact investor sentiment and the stock price. However, the sales beat might mitigate some of this negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100