What Is In The Store For Golden Ocean Group ($GOGL) Q2 2024 Earnings?

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Golden Ocean Group (NASDAQ: GOGL) is scheduled to reveal its financial results for the second quarter on Wednesday 28th August 2024. This disclosure will take place before market open, providing investors with significant information regarding the company's performance in the last three months period.

As per the projections made by financial experts on Wall Street, the firm is expected to announce an estimated $0.29 profit per share for the quarter. Moreover, the firm is likely to disclose a quarterly revenue of $194.55 million.

The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $916.39 million. Additionally, they are expecting the company to achieve a per share profit of $1.63 for the fiscal year 2024.

Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share income of $0.17. This notable figure was attributed to the company's total revenue, which settled at an impressive $213.38 million during that specific quarter.

GOGL has scheduled a conference call on 28th August 2024 at 09:00 AM eastern time to discuss the second quarter financial results and other related information.

Golden Ocean Group (GOGL) closed Friday's regular trading session at $12.24, reflecting a 0.82 percent advance. During the day, GOGL shares traded between $12.05 and $12.32, with a day volume of 1.10 million shares.