Earnings Performance - Geopark reported quarterly earnings of $0.48 per share, missing the Zacks Consensus Estimate of $0.78 per share, and down from $0.59 per share a year ago, representing an earnings surprise of -38.46% [1] - The company posted revenues of $190.2 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 4.08%, compared to year-ago revenues of $182.33 million [2] Stock Performance and Outlook - Geopark shares have increased by approximately 9.7% since the beginning of the year, while the S&P 500 has gained 13.9% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] Estimate Revisions and Industry Context - The trend for estimate revisions for Geopark is currently unfavorable, leading to a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] - The current consensus EPS estimate for the upcoming quarter is $0.77 on revenues of $175.94 million, and for the current fiscal year, it is $3.18 on revenues of $744.86 million [7] - The Oil and Gas - Exploration and Production - United States industry is in the bottom 32% of Zacks industries, suggesting that the outlook for the industry can significantly impact stock performance [8]

Core Viewpoint - GeoPark Limited (GPRK) is expected to report second-quarter 2024 earnings on August 14, with previous earnings missing estimates and a negative surprise average of 16.57% over the last four quarters [1][6]. Estimate Trend - The Zacks Consensus Estimate for second-quarter earnings per share is 78 cents, reflecting a 32.2% improvement from the same quarter last year [2]. - The estimated revenue for the second quarter is $182.7 million, indicating a slight increase of 0.2% year-over-year [2]. Factors to Consider - The average spot prices for West Texas Intermediate crude were $85.35 in April, $80.02 in May, and $79.77 in June, while Europe Brent crude prices were $89.94, $81.75, and $82.25 respectively, suggesting a favorable pricing environment for exploration and production activities [3]. - Despite favorable pricing, international drilling activities declined, with Baker Hughes reporting a rig count of 963 in the second quarter, down from the previous quarter [4]. - The decrease in drilling activities indicates that companies like GeoPark likely reduced spending on upstream activities, leading to a production decline of 3% year-over-year, totaling 35,608 barrels of oil equivalent per day [5]. Earnings Whispers - The current model does not indicate an earnings beat for GeoPark, with an Earnings ESP of 0.00% and a Zacks Rank of 4 (Sell) [6].

Geopark (GPRK) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may ...

i 1 t i Funtay Thesis Recap I covered GeoPark Limited (NYSE:GPRK) in April 2024, with the overall thesis that the company sports high margins and strong growth potential. I like this Latin American oil producer for its cheap valuation and nice dividend as well, highlighting it as a potential income play for investors. Since then, I remain bullish and view the recent sell-off in the stock as another buying opportunity. The company has made many value-adding acquisitions since my last report, and I view manag ...

Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks. One stock to keep an eye on is Geopark (GPRK) . GPRK is currently sporting a Zacks Rank of #1 (Strong Buy) and an A for Value. Finally, investors will want to recognize that GPRK has a P/CF ratio of 2.47. This metric takes into account ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, June 26th: Onto Innovation's shares gained 21.5% over the last three month compared with the S&P 500's gain of 5.1%. The company possesses a Momentum Score of A. Superior Group of Companies' shares gained 12.4% over the last three month compared with the S&P 500's gain of 5.1%. The company possesses a Momentum Score of B. Geopark's shares gained 19.4% over the last three month compared with the S&P 500's ...

SK Telecom Co. (SKM) : This company which is the world's first commercial CDMA digital cellular service, has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 3.9% over the last 60 days. Here are three stocks with buy rank and strong income characteristics for investors to consider today, June 26th: PennyMac Mortgage Investment Trust (PMT) This specialty finance company that will invest primarily in residential mortgage loans and mortgage-related assets, has witnessed th ...

Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase, investors find themselves invested in shares that have limited to no upside or even a downside. So, betting on a stock just by looking at the traditional momentum parameters could be risky at times. Investors' growing interest in a stock is reflected in its recent price incr ...

Core Viewpoint - The article highlights several stocks that are considered bargains, particularly those on the Zacks Rank 1 (Strong Buy) list, indicating attractive growth and valuations that suggest their stocks are undervalued [1][5][15]. Company Summaries Steelcase - Steelcase's stock is trading at $13 with a forward earnings multiple of 13.2X, which is appealing given that annual earnings are expected to increase by 7% this year and forecasted to jump by 19% in FY25 to $1.19 per share [2][12]. - Total sales for Steelcase are projected to expand by 3% in FY24 and FY25, with expectations of exceeding $3 billion [13]. Geopark - Geopark is an oil and gas explorer and operator in South America, with a strong growth outlook. The stock is currently priced at $11, having increased by 25% year-to-date, and trades at a forward earnings multiple of 3.3X [16]. - Earnings per share (EPS) for FY24 is projected to expand by 51% to $3.23, compared to $2.14 last year, with an additional 23% increase expected in FY25 [16]. - Geopark offers a 5.47% annual dividend yield, significantly higher than the Zacks industry average of 2.17% and the S&P 500's 1.28%. The company has increased its dividend 10 times in the last five years, with an annualized growth rate of 60.48% [7][11]. MINISO Group - MINISO Group, a retailer of design-led lifestyle products in China, has its stock trading at $20 and holds a "B" Style Scores grade for both Growth and Value [14]. - Annual earnings are expected to soar by 59% in FY24 to $1.24 per share, with projections of a further 25% increase to $1.56 per share in FY25 [14]. - Total sales for MINISO are projected to increase by 25% in FY24 and by another 21% in FY25, reaching $2.94 billion [14].

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks G ...