Benzinga | Oct 29, 2020 07:02AM EDT

Crescent Point Energy Q3 EPS $0.10 Beats $(0.08) Estimate, Sales $328.01M Miss $705.31M Estimate

Crescent Point Energy (NYSE:CPG) reported quarterly earnings of $0.10 per share which beat the analyst consensus estimate of $(0.08) by 225 percent. This is a 100 percent increase over earnings of $0.05 per share from the same period last year. The company reported quarterly sales of $328.01 million which missed the analyst consensus estimate of $705.31 million by 53.49 percent. This is a 34.54 percent decrease over sales of $501.07 million the same period last year.