Benzinga | Jul 29, 2020 04:39PM EDT

Concho Resources Q2 EPS $1.13 May Not Compare To $0.63 Estimate, Sales $474.00M Down From $1.13B YoY

Concho Resources (NYSE:CXO) reported quarterly earnings of $1.13 per share which beat the analyst consensus estimate of $0.63 by 79.37 percent. This is a 63.77 percent increase over earnings of $0.69 per share from the same period last year. The company reported $474.00 million in sales this quarter. This is a 57.94 percent decrease over sales of $1.13 billion the same period last year.