Benzinga | Aug 5, 2020 05:53PM EDT

W&T Offshore Q2 EPS $(0.02) Beats $(0.21) Estimate, Sales $55.24M Miss $82.33M Estimate

W&T Offshore (NYSE:WTI) reported quarterly losses of $(0.02) per share which beat the analyst consensus estimate of $(0.21) by 90.48 percent. This is a 108 percent decrease over earnings of $0.25 per share from the same period last year. The company reported quarterly sales of $55.24 million which missed the analyst consensus estimate of $82.33 million by 32.90 percent. This is a 58.99 percent decrease over sales of $134.70 million the same period last year.