Kolibri Global Energy Q2 2024 Adj EPS $0.11 Misses $0.16 Estimate, Sales $13.90M Miss $15.46M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kolibri Global Energy (NASDAQ:KGEI) reported Q2 2024 adjusted EPS of $0.11, missing the analyst estimate of $0.16 by 31.25%. Sales were $13.90M, missing the $15.46M estimate by 10.07%.

August 13, 2024 | 8:36 pm
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Kolibri Global Energy reported Q2 2024 adjusted EPS of $0.11, missing the analyst estimate of $0.16 by 31.25%. Sales were $13.90M, missing the $15.46M estimate by 10.07%.
The significant miss on both EPS and sales estimates is likely to negatively impact investor sentiment and the stock price in the short term.
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