Earnings Outlook For Golden Ocean Group
Portfolio Pulse from Benzinga Insights
Golden Ocean Group (NASDAQ:GOGL) is set to release its latest quarterly earnings report on Tuesday, 2023-08-29. Analysts estimate an earnings per share (EPS) of $0.12. The company's past performance shows a trend of beating EPS estimates. However, the stock has been trading at $6.94 as of August 25, with a 26.34% decrease over the last 52-week period.

August 28, 2023 | 3:01 pm
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Golden Ocean Group is expected to report an EPS of $0.12 in its upcoming earnings report. Despite a history of beating EPS estimates, the stock has seen a 26.34% decrease over the last 52 weeks.
Golden Ocean Group has a history of beating EPS estimates, which could potentially lead to a positive reaction in the stock price following the earnings report. However, the stock has been on a downward trend over the last 52 weeks, which could indicate investor skepticism. The impact of the earnings report will largely depend on whether the company meets or exceeds the EPS estimate and the guidance it provides for future quarters.
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