Veren Q2 2024 Adj EPS C$0.38 Beats C$0.36 Estimate, Sales C$1.136B Beat C$1.055B Estimate
Portfolio Pulse from Benzinga Newsdesk
Veren (NYSE:VRN) reported Q2 2024 earnings of C$0.38 per share, beating the analyst estimate of C$0.36. Sales were C$1.136 billion, surpassing the C$1.055 billion estimate. Both earnings and sales showed significant year-over-year growth.

July 25, 2024 | 10:35 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Veren (NYSE:VRN) reported Q2 2024 earnings of C$0.38 per share, beating the analyst estimate of C$0.36. Sales were C$1.136 billion, surpassing the C$1.055 billion estimate. Both earnings and sales showed significant year-over-year growth.
Veren's earnings and sales both exceeded analyst expectations and showed significant year-over-year growth. This positive financial performance is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100