Hallador Energy Q2 2024 GAAP EPS $(0.27) Misses $(0.11) Estimate, Sales $90.914M Miss $108.000M Estimate
Portfolio Pulse from Benzinga Newsdesk
Hallador Energy (NASDAQ:HNRG) reported Q2 2024 GAAP EPS of $(0.27), missing the $(0.11) estimate by 145.45%. Sales were $90.914M, missing the $108.000M estimate by 15.82% and down 43.60% from the same period last year.
August 06, 2024 | 9:22 pm
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Hallador Energy reported a significant earnings miss with Q2 2024 GAAP EPS of $(0.27) compared to the $(0.11) estimate. Sales also fell short at $90.914M versus the $108.000M estimate, marking a 43.60% decline from the same period last year.
The significant miss on both EPS and sales, combined with a substantial year-over-year decline in sales, is likely to negatively impact Hallador Energy's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100