ChampionX Q3 2024 GAAP EPS $0.37 Misses $0.39 Estimate, Sales $906.533M Miss $932.238M Estimate
Portfolio Pulse from Benzinga Newsdesk
ChampionX reported its Q3 2024 financial results, with GAAP EPS of $0.37 missing the expected $0.39, and sales of $906.533 million falling short of the $932.238 million estimate.
October 23, 2024 | 9:13 pm
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ChampionX's Q3 2024 earnings report shows a miss on both EPS and sales estimates, which could negatively impact the stock price in the short term.
The earnings per share (EPS) and sales figures both missed analyst expectations, which typically leads to a negative reaction in the stock market as investors adjust their valuations based on the company's underperformance.
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