Magnolia Oil & Gas Q2 2024 Adj EPS $0.51 Misses $0.53 Estimate
Portfolio Pulse from Benzinga Newsdesk
Magnolia Oil & Gas (NYSE:MGY) reported Q2 2024 earnings of $0.51 per share, missing the analyst consensus estimate of $0.53 by 3.77%.
July 31, 2024 | 8:05 pm
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NEGATIVE IMPACT
Magnolia Oil & Gas reported Q2 2024 earnings of $0.51 per share, missing the analyst consensus estimate of $0.53 by 3.77%.
The earnings miss, although slight, is likely to negatively impact investor sentiment and could result in a short-term decline in MGY's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100