Enerplus Q3 EPS $0.59 vs $1.28 Last Year, Sales $447.23M Down From $720.53M YoY
Portfolio Pulse from Benzinga Newsdesk
Enerplus has reported its Q3 earnings per share (EPS) at $0.59, which is a decrease from $1.28 last year. Additionally, the company's sales have dropped from $720.53M to $447.23M year-over-year.
November 02, 2023 | 9:16 pm
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Enerplus' Q3 earnings and sales have both decreased compared to last year, which could negatively impact the company's stock price.
Enerplus' lower Q3 earnings and sales compared to last year indicate a potential decrease in profitability, which could lead to a negative impact on the company's stock price. Investors often react to earnings reports, and a decrease in earnings and sales is typically viewed negatively.
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