Battalion Oil Q2 EPS $(0.53) Down From $(0.35) YoY, Sales $49.10M Down From $54.27M YoY
Portfolio Pulse from Benzinga Newsdesk
Battalion Oil reported revenues of $49.1 million, down from $54.27 million year-over-year. The company's EPS was $(0.53), compared to $(0.35) in the same period last year.
August 14, 2024 | 8:53 pm
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NEGATIVE IMPACT
Battalion Oil reported a decrease in revenue to $49.1 million from $54.27 million year-over-year, and a larger loss per share at $(0.53) compared to $(0.35) last year.
The decline in revenue and the increased loss per share are negative indicators for Battalion Oil's financial health, likely leading to a short-term decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100