Golden Ocean Group Q2 2024 GAAP EPS $0.31 Beats $0.29 Estimate, Sales $250.091M Beat $194.290M Estimate
Portfolio Pulse from Benzinga Newsdesk
Golden Ocean Group reported Q2 2024 earnings of $0.31 per share, surpassing the $0.29 estimate, and sales of $250.091M, exceeding the $194.290M estimate. This marks significant growth compared to the previous year.

August 28, 2024 | 6:24 am
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Golden Ocean Group's Q2 2024 earnings and sales exceeded analyst expectations, with EPS at $0.31 and sales at $250.091M. This reflects a strong performance and significant growth from the previous year.
Golden Ocean Group's earnings per share and sales both exceeded analyst estimates, indicating strong financial performance. The significant year-over-year growth in both metrics suggests positive momentum for the company, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100