Subsea 7 Q2 EPS $0.20 Up From $0.06 YoY, Sales $1.74B Up From $1.52B YoY
Portfolio Pulse from Benzinga Newsdesk
Subsea 7 reported a significant increase in Q2 earnings per share (EPS) to $0.20, up 233.33% from $0.06 YoY, and a 14.56% increase in sales to $1.74 billion from $1.52 billion YoY.
July 25, 2024 | 6:59 am
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Subsea 7 reported a substantial increase in Q2 EPS to $0.20, a 233.33% rise from $0.06 YoY, and a 14.56% increase in sales to $1.74 billion from $1.52 billion YoY.
The significant increase in both EPS and sales indicates strong financial performance, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100