Vista Energy Q1 2024 GAAP EPS $0.79 Misses $0.90 Estimate, Sales $317.352M Miss $353.791M Estimate
Portfolio Pulse from Benzinga Newsdesk
Vista Energy reported Q1 2024 earnings of $0.79 per share, missing the $0.90 estimate, with sales of $317.352M also missing the $353.791M estimate, marking a 4.66% increase over the previous year.
April 24, 2024 | 8:15 pm
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NEGATIVE IMPACT
Vista Energy's Q1 2024 earnings and sales missed analyst estimates, with a slight year-over-year sales increase.
Missing both EPS and sales estimates typically leads to negative investor sentiment in the short term, potentially causing a decrease in stock price. However, the year-over-year sales growth may mitigate some negative impact.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100