Granite Ridge Resources, Inc. (GRNT) Beats Q3 Earnings Estimates
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Granite Ridge Resources, Inc. (GRNT) reported Q3 earnings of $0.14 per share, surpassing the Zacks Consensus Estimate of $0.13. However, this is a decrease from the $0.21 per share reported a year ago.
November 08, 2024 | 12:30 am
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Granite Ridge Resources, Inc. (GRNT) reported Q3 earnings of $0.14 per share, beating estimates but showing a decline from last year's $0.21 per share.
The earnings beat is a positive indicator for short-term stock performance, as it exceeded analyst expectations. However, the year-over-year decline in earnings may temper investor enthusiasm.
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RELEVANCE 100