Woodside Energy Group FY EPS $0.88 Down From $4.26 YoY, Sales $13.99B Down From $16.82B YoY
Portfolio Pulse from Benzinga Newsdesk
Woodside Energy Group reported a significant decrease in both earnings per share and sales for the fiscal year, with EPS dropping 79.46% to $0.88 from $4.26 YoY, and sales decreasing 16.79% to $13.99B from $16.82B YoY.
February 27, 2024 | 6:49 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Woodside Energy Group's fiscal year earnings report indicates a significant decrease in both earnings per share and sales, with EPS dropping 79.46% and sales decreasing 16.79% YoY.
The substantial decrease in both earnings per share and sales for Woodside Energy Group is likely to negatively impact investor sentiment and the stock price in the short term. The sharp decline in these key financial metrics indicates potential challenges in the company's operations or market conditions, which could lead to decreased investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100