CGG (NYSE:CGG) Posts Earnings Results, Misses Estimates By $3.16 EPS

CGG (NYSE:CGG) released its quarterly earnings data on Friday, July 28th. The oil and gas company reported ($7.64) earnings per share for the quarter, missing the consensus estimate of ($4.48) by $3.16, Morningstar.com reports. The company had revenue of $349.80 million for the quarter. CGG had a negative return on equity of 62.43% and a negative net margin of 57.05%.

Shares of CGG (NYSE:CGG) traded down 0.4737% during mid-day trading on Tuesday, hitting $3.9711. The company had a trading volume of 2,976 shares. The company’s market capitalization is $87.89 million. CGG has a one year low of $3.81 and a one year high of $29.70. The firm’s 50-day moving average price is $4.55 and its 200 day moving average price is $6.88.

ILLEGAL ACTIVITY WARNING: “CGG (NYSE:CGG) Posts Earnings Results, Misses Estimates By $3.16 EPS” was originally reported by BBNS and is the property of of BBNS. If you are accessing this news story on another website, it was illegally copied and republished in violation of US & international copyright & trademark law. The legal version of this news story can be read at https://baseballnewssource.com/markets/cgg-nysecgg-releases-earnings-results-misses-expectations-by-3-16-eps-updated/1313906.html.

Several equities research analysts have recently weighed in on CGG shares. Zacks Investment Research raised CGG from a “strong sell” rating to a “hold” rating in a research note on Monday, May 8th. ValuEngine cut CGG from a “sell” rating to a “strong sell” rating in a research report on Friday, June 2nd.

CGG Company Profile

CGG SA (CGG) is a manufacturer of geophysical equipment. The Company provides marine, land and airborne data acquisition services, as well as a range of other geoscience services, including data imaging, geoscience and petroleum engineering consulting services, and collecting, developing and licensing geological data.

Earnings History for CGG (NYSE:CGG)

Receive News & Ratings for CGG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CGG and related companies with our FREE daily email newsletter.

 


Latest News

Miami’s Giancarlo Stanton Sets Marlins Home Run Record
Miami’s Giancarlo Stanton Sets Marlins Home Run Record
Bryce Harper Latest Star to Suffer Injury
Bryce Harper Latest Star to Suffer Injury
Chicago Cubs Must Survive Without Willson Contreras
Chicago Cubs Must Survive Without Willson Contreras
Cleveland Indians Acquire Jay Bruce From New York Mets
Cleveland Indians Acquire Jay Bruce From New York Mets
Injury to CC Sabathia Adds to Yankees’ Concerns
Injury to CC Sabathia Adds to Yankees’ Concerns
Darren Daulton Former Catcher with Phillies Dies
Darren Daulton Former Catcher with Phillies Dies


Leave a Reply

 
© 2006-2017 BBNS.