Baytex Energy Q2 EPS $0.10 Misses $0.12 Estimate, Sales $828.26M Beat $751.50M Estimate
Portfolio Pulse from Benzinga Newsdesk
Baytex Energy (NYSE:BTE) reported Q2 earnings per share of $0.10, missing the analyst estimate of $0.12. However, the company reported sales of $828.26 million, beating the estimate of $751.50 million.
July 25, 2024 | 9:29 pm
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Baytex Energy's Q2 earnings per share missed estimates, but the company reported significantly higher sales than expected.
While Baytex Energy's EPS missed analyst expectations, the significant beat in sales may offset some negative sentiment. Investors may have mixed reactions, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100