Kosmos Energy Q2 2024 Adj. EPS $0.17 Beats $0.12 Estimate, Sales $450.936M Beat $436.458M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kosmos Energy (NYSE:KOS) reported strong Q2 2024 earnings, with an adjusted EPS of $0.17 beating the $0.12 estimate and sales of $450.936 million surpassing the $436.458 million estimate. This represents significant year-over-year growth in both earnings and sales.
August 05, 2024 | 6:08 am
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Kosmos Energy reported Q2 2024 adjusted EPS of $0.17, beating the $0.12 estimate by 41.67%. Sales were $450.936 million, surpassing the $436.458 million estimate. Both earnings and sales showed significant year-over-year growth.
The strong earnings and sales performance, significantly beating analyst estimates and showing substantial year-over-year growth, is likely to positively impact Kosmos Energy's stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100