Obsidian Energy Q3 2024 GAAP EPS C$1.58 Beats C$1.06 Estimate, Sales C$218.200M Up From C$200.400M YoY
Portfolio Pulse from Benzinga Newsdesk
Obsidian Energy reported Q3 2024 earnings of C$1.58 per share, surpassing the analyst estimate of C$1.06 by 49.06%. Sales increased to C$218.2M, up 8.88% YoY.
October 31, 2024 | 11:13 am
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Obsidian Energy's Q3 2024 earnings per share of C$1.58 significantly beat the analyst estimate of C$1.06, marking a 49.06% surprise. Sales also increased by 8.88% year-over-year.
The significant earnings beat and year-over-year sales growth indicate strong financial performance, likely boosting investor confidence and positively impacting the stock price in the short term.
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