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Kodiak Oil (AMEX:KOG) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company.
Kodiak Oil Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased to $0.12 in the quarter versus EPS of $-0.01 in the year-earlier quarter.
Revenue: Rose 137.87% to $130.85 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Kodiak Oil reported adjusted EPS income of $0.12 per share. By that measure, the company missed the mean analyst estimate of $0.13. It missed the average revenue estimate of $140.29 million.
Quoting Management: There was no comment from management.
Key Stats (on next page)…
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