Benzinga | Oct 27, 2020 04:29PM EDT

Concho Resources Q3 EPS $1.43 Beats $1.12 Estimate, Sales $834.00M Miss $914.56M Estimate

Concho Resources (NYSE:CXO) reported quarterly earnings of $1.43 per share which beat the analyst consensus estimate of $1.12 by 27.68 percent. This is a 134.43 percent increase over earnings of $0.61 per share from the same period last year. The company reported quarterly sales of $834.00 million which missed the analyst consensus estimate of $914.56 million by 8.81 percent. This is a 25.20 percent decrease over sales of $1.11 billion the same period last year.