Benzinga | Aug 6, 2020 04:44PM EDT

Bonanza Creek Energy Q2 EPS $0.61 Beats $0.54 Estimate, Sales $36.19M Miss $48.81M Estimate

Bonanza Creek Energy (NYSE:BCEI) reported quarterly earnings of $0.61 per share which beat the analyst consensus estimate of $0.54 by 12.96 percent. This is a 62.35 percent decrease over earnings of $1.62 per share from the same period last year. The company reported quarterly sales of $36.19 million which missed the analyst consensus estimate of $48.81 million by 25.85 percent. This is a 57.81 percent decrease over sales of $85.78 million the same period last year.