Kodiak Gas: third-quarter profit at 70 cents per share, above expectations
FROM THE WIRE · FINANCE.YAHOO.COM
THE WOODLANDS, Texas (AP) — THE WOODLANDS, Texas (AP) — Kodiak Gas Services Inc. (KGS) on Monday reported third-quarter net income of $71.5 million. The The Woodlands, Texas-based company said it had profit of 70 cents per share. The results surpassed Wall Street expectations.…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishQuarterly results beat estimates for a gas infrastructure provider, relevant for the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Kodiak Gas reported third-quarter net income of $71.5 million.
- 02Earnings per share were 70 cents against an estimate of 64 cents.
- 03Revenue of $401.8 million topped Wall Street forecasts.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets