Golden Ocean Group Q1 2024 Adj EPS $0.29 Beats $0.24 Estimate, Sales $246.735M Beat $188.125M Estimate
Portfolio Pulse from Benzinga Newsdesk
Golden Ocean Group (NASDAQ:GOGL) reported strong Q1 2024 results with adjusted EPS of $0.29, beating the $0.24 estimate, and sales of $246.735 million, surpassing the $188.125 million estimate. This represents significant year-over-year growth in both earnings and sales.
May 22, 2024 | 6:15 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Golden Ocean Group reported Q1 2024 adjusted EPS of $0.29, beating the $0.24 estimate, and sales of $246.735 million, surpassing the $188.125 million estimate. This represents significant year-over-year growth in both earnings and sales.
Golden Ocean Group's strong Q1 2024 results, with both EPS and sales significantly beating analyst estimates, indicate robust financial performance and positive market sentiment. This is likely to drive the stock price up in the short term.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100