GeoResources Earnings Preview
GeoResources (NAS: GEOI) met its estimates last quarter, but investors hope that it will beat them this quarter. The company will unveil its latest earnings on Tuesday, August 9. GeoResources is an independent oil and gas company, which is engaged in the acquisition and development of oil and gas reserves.
What analysts say:
What our community says:
CAPS All-Stars are solidly behind the stock, with 99% granting it an "outperform" rating. The community at large backs the All-Stars, with 97.6% assigning it a rating of "outperform." Fools have embraced GeoResources and haven't been shy with their opinions lately, logging 117 posts in the past 30 days. GeoResources has a bullish CAPS rating of five out of five stars that echos the Fool community assessment.
GeoResources' profit has risen year over year by an average of 68%. Revenue has now gone up for three straight quarters.
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At the time this article was published
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