Earnings Preview: EOG Resources
Portfolio Pulse from Benzinga Insights
EOG Resources (NYSE:EOG) is scheduled to release its quarterly earnings report on February 22, 2024, with analysts estimating an EPS of $3.07. The company's past earnings performance shows a mix of beats and misses, with the share price reacting variably. Shares were trading at $113.13 as of February 20, down 3.3% over the last 52 weeks. Investors will be keenly watching for not just the earnings beat or miss but also the guidance provided for future growth.
February 21, 2024 | 3:01 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
EOG Resources is anticipated to report an EPS of $3.07 for the upcoming quarter. Historical data shows variable stock price reactions to past earnings reports. Currently, shares are down 3.3% over the last year, indicating potential investor concern.
The expected EPS of $3.07 and historical performance suggest a cautious outlook. The stock's recent downtrend (-3.3% over the last year) may temper expectations, but positive guidance could provide a short-term boost. The mixed historical price reactions post-earnings indicate uncertainty in predicting the immediate stock movement.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100