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

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).

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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