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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NEGATIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100