Stock Analysis

Cohen Development Gas & Oil Second Quarter 2024 Earnings: EPS: US$0.73 (vs US$0.67 in 2Q 2023)

TASE:CDEV
Source: Shutterstock

Cohen Development Gas & Oil (TLV:CDEV) Second Quarter 2024 Results

Key Financial Results

  • Revenue: US$7.46m (up 21% from 2Q 2023).
  • Net income: US$4.70m (up 9.5% from 2Q 2023).
  • Profit margin: 63% (down from 70% in 2Q 2023). The decrease in margin was driven by higher expenses.
  • EPS: US$0.73 (up from US$0.67 in 2Q 2023).
earnings-and-revenue-history
TASE:CDEV Earnings and Revenue History September 1st 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Cohen Development Gas & Oil's share price is broadly unchanged from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Cohen Development Gas & Oil that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.