On Monday 4th November 2024, Kosmos Energy Ltd. (NYSE: KOS) will release its highly anticipated third quarter financial results. This important announcement is scheduled to occur before market open.
According to the forecasts of financial experts on Wall Street, the concern is poised to announce an anticipated per share $0.08 profit for the quarter. Furthermore, the firm is expected to disclose a total revenue of $407.25 million for this specific period.
Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $1.78 billion. At the same time, they are expecting the company to achieve per share profit of $0.64 for the fiscal year ahead.
When examining the corresponding quarter from the previous year, the company's earnings report highlighted a per-share income of $0.26. This results was derived from the company's total revenue, which reached an impressive $526.55 million during same quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.17 | +183.3% | 450.94 M | +65.0% |
| Q1 2024 | $0.21 | +31.3% | 419.14 M | +6.4% |
| Q4 2023 | $0.31 | +34.8% | 507.81 M | -9.9% |
| Q3 2023 | $0.26 | +36.8% | 526.55 M | +15.4% |
| Q2 2023 | $0.06 | -78.6% | 273.32 M | -56.0% |
| *Growth on year-over-year basis | ||||
KOS has scheduled a conference call on 4th November 2024 at 11:00 AM eastern time to discuss the third quarter financial results and other related information.
Friday's trading saw Kosmos Energy Ltd. (KOS) shares hit a low of $3.66 and a high of $3.89, with a day volume of 9.31 million shares. The stock closed the regular trading session at $3.68, reflecting 2.13 percent decline.
