OSL$GOGL

Golden Ocean Group · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

GOGL Q2 2024 — $133.0M revenue, 0.64 EPS

We caution that assumptions, expectations, projections, intentions and beliefs about future events may and often do vary from actual results and the differences can be material. Golden Ocean Group reported Q2 2024 results. Diluted EPS came in at $0.64. Net income of $2.7M. Headline numbers extracted from the Form 6-K press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $133.0M.
  • Diluted EPS: $0.64.
  • Net income: $2.7M.
  • Operating income: $171K.

Headline financials

Total Revenue

$250M

Previous: $213M+17.2%
EPS (adj)

$0.32

Previous: $0.17+88.2%
Capital Expenditures

-$281M

No prior period
Net Income

$672M

Previous: $26.1M+2478.8%
Operating Income

$924M

Previous: $52.6M+1656.5%
Gross Profit

$979M

Previous: $410M+138.8%

Revenue & EPS history

Golden Ocean · Revenue · Quarterly

$250M

Q2 2024+17.2%vs Q2 2023
Beat estimate in 11 of 12 quarters(92%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 12 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

+30.7%

Avg return

Earnings day

+1.8%

Avg return

5 days after

-1.6%

Avg return

30 days after

59%

19 / 32 earnings

Positive

+918.2%

Q3 2024

Best reaction

-9.7%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q3 2025
Q2 2025
Q3 2024+918.2%-10.0%-17.6%
Q2 2024-2.0%-3.4%+5.4%
Q4 2023+7.6%+10.0%+8.5%
Q3 2023+12.5%+16.9%+12.7%
Q2 2023+5.1%+3.6%+11.9%
Q1 2023-0.6%-0.2%-9.4%
Q4 2022-1.4%+7.3%+4.5%
Q3 2022-9.7%-11.6%-8.8%
Q2 2022-0.5%-9.1%-14.9%
Q1 2022+5.7%-1.9%-13.6%
Q4 2021+2.9%-0.3%+0.6%
Q3 2021+10.8%+17.4%+6.0%
Q2 2021+12.0%+4.7%-6.1%
Q1 2021+10.1%
Q4 2020-0.6%
Q3 2020+9.1%
Q2 2020+1.2%
Q1 2020-9.5%
Q4 2019+1.5%
Q3 2019+5.6%
Q2 2019+1.3%
Q1 2019-1.3%
Q3 2018-0.4%
Q2 2018+5.0%
Q1 2018+6.0%
Q4 2017+6.5%
Q4 2015-6.2%
Q4 2013-2.1%
Q4 2009-3.8%
Q4 2012-3.8%
Q4 2011+1.3%
Q4 2010+1.3%

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