W&T Offshore (WTI) Reports Q3 Loss, Misses Revenue Estimates
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W&T Offshore (WTI) reported a Q3 loss of $0.17 per share, which was better than the expected loss of $0.19 per share. However, the company missed revenue estimates.
November 08, 2024 | 1:00 am
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W&T Offshore reported a Q3 loss of $0.17 per share, better than the expected loss of $0.19, but missed revenue estimates.
The company's earnings per share were better than expected, which is a positive sign. However, missing revenue estimates is a negative factor that could weigh on the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100