Viper Energy Q2 2024 Adj. EPS $0.61 Beats $0.56 Estimate, Sales $216.708M Beat $216.238M Estimate
Portfolio Pulse from Benzinga Newsdesk
Viper Energy (NASDAQ:VNOM) reported Q2 2024 adjusted EPS of $0.61, beating the estimate of $0.56. Sales were $216.708 million, surpassing the $216.238 million estimate and marking a 34.78% increase from the same period last year.
August 05, 2024 | 8:04 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Viper Energy (NASDAQ:VNOM) reported Q2 2024 adjusted EPS of $0.61, beating the estimate of $0.56. Sales were $216.708 million, surpassing the $216.238 million estimate and marking a 34.78% increase from the same period last year.
Viper Energy's Q2 2024 earnings and sales both exceeded analyst estimates, with a significant year-over-year sales increase. This positive financial performance is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100