EOG Resources Q2 2024 Adj. EPS $3.16 Beats $2.96 Estimate, Sales $6.025B Beat $5.642B Estimate
Portfolio Pulse from Benzinga Newsdesk
EOG Resources reported Q2 2024 adjusted EPS of $3.16, beating the $2.96 estimate, and sales of $6.025 billion, surpassing the $5.642 billion estimate. This represents a 26.91% increase in EPS and an 8.11% increase in sales compared to the same period last year.
August 01, 2024 | 8:16 pm
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EOG Resources reported strong Q2 2024 results with EPS of $3.16 beating estimates by 6.76% and sales of $6.025 billion exceeding expectations by 6.79%. This marks a significant year-over-year growth in both EPS and sales.
EOG Resources' strong earnings and sales performance, beating analyst estimates, is likely to positively impact its stock price in the short term. The significant year-over-year growth in both EPS and sales further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100