Natural Gas Services Group Q3 2023 EPS $0.18 Up From $(0.01) YoY, Revenue $27.7M Misses $28.050M Estimate
Portfolio Pulse from Benzinga Newsdesk
Natural Gas Services Group reported a Q3 2023 EPS of $0.18, a significant increase from $(0.01) in the same quarter last year. However, the company's revenue of $27.7M fell short of the estimated $28.050M.
November 14, 2023 | 9:47 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Natural Gas Services Group's Q3 2023 earnings per share improved significantly year-over-year, but revenue missed estimates slightly.
The positive EPS could be seen as a sign of improving profitability, which might be well-received by investors. However, the revenue miss, although minor, could temper some of the enthusiasm, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100