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.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100