APA Q2 Adj $1.17 Beats $1.08 Estimate, Sales $2.79B Beat $2.37B Estimate
Portfolio Pulse from Benzinga Newsdesk
APA Corporation (NASDAQ: APA) reported strong Q2 earnings, with adjusted EPS of $1.17 beating the estimate of $1.08 and sales of $2.79 billion surpassing the $2.37 billion estimate. This represents significant year-over-year growth in both earnings and sales.
July 31, 2024 | 9:11 pm
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APA Corporation reported Q2 earnings of $1.17 per share, beating the consensus estimate of $1.08. Sales also exceeded expectations, coming in at $2.79 billion versus the $2.37 billion estimate. Both earnings and sales showed significant year-over-year growth.
APA's strong Q2 performance, with both earnings and sales significantly beating estimates and showing substantial year-over-year growth, is likely to positively impact the stock price in the short term.
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