Benzinga | Jul 27, 2021 04:41PM EDT

Matador Resources Q2 EPS $1.02 Beats $0.74 Estimate, Sales $357.43M Beat $339.09M Estimate

Matador Resources (NYSE:MTDR) reported quarterly earnings of $1.02 per share which beat the analyst consensus estimate of $0.74 by 37.84 percent. This is a 3500 percent increase over losses of $(0.03) per share from the same period last year. The company reported quarterly sales of $357.43 million which beat the analyst consensus estimate of $339.09 million by 5.41 percent. This is a 468.07 percent increase over sales of $62.92 million the same period last year.