Benzinga | May 5, 2021 05:20PM EDT

Laredo Petroleum Q1 EPS $1.69 Misses $1.75 Estimate, Sales $250.23M Beat $198.34M Estimate

Laredo Petroleum (NYSE:LPI) reported quarterly earnings of $1.69 per share which missed the analyst consensus estimate of $1.75 by 3.43 percent. This is a 1777.78 percent increase over earnings of $0.09 per share from the same period last year. The company reported quarterly sales of $250.23 million which beat the analyst consensus estimate of $198.34 million by 26.16 percent. This is a 22.07 percent increase over sales of $204.99 million the same period last year.