GeoPark Q4 Sales $199.70M Miss $207.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
GeoPark (NYSE:GPRK) reported Q4 sales of $199.70M, missing the analyst consensus estimate of $207.00M by 3.53%, marking a 13.53% decrease from the same period last year.
March 06, 2024 | 10:37 pm
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GeoPark reported Q4 sales of $199.70M, missing estimates by 3.53% and showing a 13.53% YOY decrease.
Missing sales estimates and showing a significant year-over-year decrease in sales are negative indicators that can lead to a decrease in investor confidence and potentially lower stock prices in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100