Matador Resources Q3 2024 Adj. EPS $1.89 Beats $1.75 Estimate, Sales $899.783M Beat $849.568M Estimate
Portfolio Pulse from Benzinga Newsdesk
Matador Resources reported Q3 2024 earnings of $1.89 per share, surpassing the $1.75 estimate. Sales reached $899.783M, exceeding the $849.568M estimate and marking a 16.51% increase from last year.
October 22, 2024 | 8:19 pm
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Matador Resources reported Q3 2024 earnings of $1.89 per share, beating the $1.75 estimate. Sales were $899.783M, exceeding the $849.568M estimate and showing a 16.51% increase from last year.
Matador Resources' Q3 2024 earnings and sales both exceeded analyst estimates, indicating strong financial performance. The significant year-over-year sales growth further supports a positive outlook, likely boosting investor confidence and the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100