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Magnolia Oil & Gas (NYSE:MGY) reported its Q4 earnings results on Wednesday, February 14, 2024 at 04:01 PM.
Here's what investors need to know about the announcement.
Magnolia Oil & Gas missed estimated earnings by 1.89%, reporting an EPS of $0.52 versus an estimate of $0.53.
Revenue was down $26.41 million from the same period last year.
Last quarter the company missed on EPS by $0.0 which was followed by a 3.45% increase in the share price the next day.
Here's a look at Magnolia Oil & Gas's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.54 | 0.42 | 0.56 | 0.78 |
| EPS Actual | 0.54 | 0.51 | 0.62 | 0.99 |
| Revenue Estimate | 317.67M | 293.27M | 326.90M | 362.58M |
| Revenue Actual | 315.68M | 280.29M | 308.38M | 349.04M |
To track all earnings releases for Magnolia Oil & Gas visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: MGY
