Kosmos Energy Ltd. (KOS) revealed a profit for third quarter that decreased from last year in line with the Street estimates.
The company's bottom line totaled $44.974 million, or $0.09 per share. This compares with $85.185 million, or $0.18 per share, in last year's third quarter.
Excluding items, Kosmos Energy Ltd. reported adjusted earnings of $37.602 million or $0.08 per share for the period.
Analysts on average had expected the company to earn $0.08 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 22.5% to $407.831 million from $526.546 million last year.
Kosmos Energy Ltd. earnings at a glance (GAAP) :
-Earnings (Q3): $44.974 Mln. vs. $85.185 Mln. last year.-EPS (Q3): $0.09 vs. $0.18 last year.-Revenue (Q3): $407.831 Mln vs. $526.546 Mln last year.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.