Sable Offshore Q2 earnings and revenue miss estimates

Earnings

โดย Zacks Investment Research·

Summary · why it matters

Sable Offshore Corp. reported second-quarter earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.21 per share by 76.19%. Revenue came in at $137.13 million, falling short of the consensus by 39.65%. A year earlier, the company posted a loss of $1.10 per share on zero revenues. The stock has lost about 47.3% year-to-date, while the S&P 500 has gained 13.3%.

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