Pampa Energia Q1 EPS $4.90 Beats $1.51 Estimate, Sales $401.00M Miss $441.56M Estimate
Portfolio Pulse from saritha@benzinga.com
Pampa Energia (NYSE:PAM) reported Q1 earnings of $4.90 per share, surpassing the $1.51 estimate by 224.5%, a 91.41% increase from last year. However, sales of $401M fell short of the $441.56M estimate, a 6.96% decrease from the previous year.
May 07, 2024 | 11:16 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Pampa Energia reported a significant beat on Q1 EPS estimates but missed on sales forecasts, indicating mixed financial health.
The substantial beat on EPS estimates suggests strong profitability, which could positively influence investor sentiment. However, the miss on sales forecasts may raise concerns about revenue growth and market demand, potentially offsetting the positive impact on the stock price. The mixed financial results make the short-term price direction uncertain, hence a neutral score.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100