PHX Minerals Q3 2024 GAAP EPS $0.04 Beats $0.01 Estimate, Sales $9.541M Beat $8.123M Estimate
Portfolio Pulse from Benzinga Newsdesk
PHX Minerals (NYSE:PHX) reported Q3 2024 earnings of $0.04 per share, beating the analyst estimate of $0.01 by 300%. Sales were $9.541 million, surpassing the $8.123 million estimate by 17.46% and marking a 26.77% increase from the same period last year.
August 07, 2024 | 8:54 pm
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PHX Minerals reported Q3 2024 earnings of $0.04 per share, beating the analyst estimate of $0.01 by 300%. Sales were $9.541 million, surpassing the $8.123 million estimate by 17.46% and marking a 26.77% increase from the same period last year.
PHX Minerals' strong earnings and sales performance, significantly beating analyst estimates, is likely to positively impact the stock price in the short term. The substantial year-over-year sales growth further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100