Battalion Oil Q1 2024 EPS $(2.24) Down From $1.28 YoY; Revenue $48.870M Down From $65.142M YoY
Portfolio Pulse from Benzinga Newsdesk
Battalion Oil reported a Q1 2024 EPS of $(2.24), a significant decrease from $1.28 YoY. Revenue also fell to $48.870M from $65.142M YoY.
May 15, 2024 | 9:01 pm
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Battalion Oil reported a significant decline in both EPS and revenue for Q1 2024 compared to the previous year. EPS dropped to $(2.24) from $1.28, and revenue fell to $48.870M from $65.142M.
The significant decline in both EPS and revenue indicates poor financial performance, which is likely to negatively impact the stock price in the short term.
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