GeoPark Q3 EPS $0.44 Vs $1.24 YoY, Sales $192.10M Miss $194.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
GeoPark reported Q3 earnings per share (EPS) of $0.44, down from $1.24 year-over-year (YoY). The company's sales of $192.10M missed the estimate of $194.00M.
November 09, 2023 | 7:33 am
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NEGATIVE IMPACT
GeoPark's Q3 earnings and sales missed estimates, which could negatively impact the stock in the short term.
GeoPark's lower than expected Q3 earnings and sales could lead to a decrease in investor confidence, potentially driving the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100