GeoPark Q1 2024 GAAP EPS $0.55 Misses $0.59 Estimate, Sales $167.40M Miss $193.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
GeoPark (NYSE:GPRK) reported Q1 2024 earnings per share (EPS) of $0.55, missing the analyst consensus estimate of $0.59 by 6.78%. The company also reported quarterly sales of $167.40 million, which missed the analyst consensus estimate of $193.00 million by 13.26%. This represents an 8.27% decrease in sales compared to the same period last year.
May 15, 2024 | 8:50 pm
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NEGATIVE IMPACT
GeoPark reported Q1 2024 EPS of $0.55, missing estimates by 6.78%, and sales of $167.40M, missing estimates by 13.26%. Sales decreased by 8.27% YoY.
GeoPark's Q1 2024 earnings and sales both missed analyst estimates, with sales also showing a year-over-year decline. This is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100