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Granite Ridge Resources Q1 2024 Adj EPS $0.12 Beats $0.10 Estimate, Sales $88.996M Beat $88.750M Estimate

Benzinga ·  May 9 16:27

Granite Ridge Resources (NYSE:GRNT) reported quarterly earnings of $0.12 per share which beat the analyst consensus estimate of $0.10 by 20 percent. This is a 42.86 percent decrease over earnings of $0.21 per share from the same period last year. The company reported quarterly sales of $88.996 million which beat the analyst consensus estimate of $88.750 million by 0.28 percent. This is a 2.53 percent decrease over sales of $91.310 million the same period last year.

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