Benzinga | Aug 18, 2020 07:56AM EDT

Golden Ocean Group Earlier Reported Q2 EPS $(0.29) Misses $(0.26) Estimate, Sales $116.25M Beat $66.97M Estimate

Golden Ocean Group (NASDAQ:GOGL) reported quarterly losses of $(0.29) per share which missed the analyst consensus estimate of $(0.26) by 11.54 percent. This is a 26.09 percent decrease over losses of $(0.23) per share from the same period last year. The company reported quarterly sales of $116.25 million which beat the analyst consensus estimate of $66.97 million by 73.58 percent. This is a 0.40 percent increase over sales of $115.78 million the same period last year.