Benzinga | Jul 28, 2020 04:37PM EDT

Matador Resources Q2 EPS $(0.03) Beats $(0.15) Estimate, Sales $62.92M May Not Compare To $162.01M Estimate

Matador Resources (NYSE:MTDR) reported quarterly losses of $(0.03) per share which beat the analyst consensus estimate of $(0.15) by 80 percent. This is a 110 percent decrease over earnings of $0.30 per share from the same period last year. The company reported quarterly sales of $62.92 million which missed the analyst consensus estimate of $162.01 million by 61.16 percent. This is a 73.97 percent decrease over sales of $241.70 million the same period last year.