Benzinga | Aug 11, 2021 04:36PM EDT

Contango Oil & Gas Q2 EPS $(0.16) Misses $0.04 Estimate, Sales $83.60M Beat $62.50M Estimate

Contango Oil & Gas (AMEX:MCF) reported quarterly losses of $(0.16) per share which missed the analyst consensus estimate of $0.04 by 500 percent. This is a 23.81 percent increase over losses of $(0.21) per share from the same period last year. The company reported quarterly sales of $83.60 million which beat the analyst consensus estimate of $62.50 million by 33.76 percent. This is a 368.56 percent increase over sales of $17.84 million the same period last year.