Benzinga | Aug 5, 2020 04:28PM EDT

Parsley Energy Q2 EPS $0.03 Beats $(0.12) Estimate, Sales $220.21M May Not Compare To $319.61M Estimate

Parsley Energy (NYSE:PE) reported quarterly earnings of $0.03 per share which beat the analyst consensus estimate of $(0.12) by 125 percent. This is a 90.63 percent decrease over earnings of $0.32 per share from the same period last year. The company reported quarterly sales of $220.21 million which missed the analyst consensus estimate of $319.61 million by 31.10 percent. This is a 55.83 percent decrease over sales of $498.54 million the same period last year.