Talos Energy Q4 Adj. EPS $(0.01) Misses $0.17 Estimate, Sales $384.96M Miss $389.57M Estimate
Portfolio Pulse from Benzinga Newsdesk
Talos Energy (TALO) reported a Q4 adjusted EPS of $(0.01), missing the $0.17 estimate, and sales of $384.96M, missing the $389.57M estimate. This represents a 105% decrease in EPS from last year's $0.20, despite a 12.49% increase in sales from $342.20M.
February 29, 2024 | 7:05 am
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NEGATIVE IMPACT
Talos Energy reported a significant miss in Q4 adjusted EPS and slight miss in sales, indicating a challenging quarter.
The miss in both EPS and sales estimates, especially the significant deviation from the expected EPS, suggests a negative short-term impact on TALO's stock price. The reported decrease in EPS compared to the previous year further emphasizes the company's underperformance, likely leading to negative investor sentiment.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100