Benzinga | Nov 3, 2021 05:57PM EDT

PDC Energy Q3 Adj. EPS $2.33 Beats $1.59 Estimate, Sales $486.36M Miss $549.52M Estimate

PDC Energy (NASDAQ:PDCE) reported quarterly earnings of $2.33 per share which beat the analyst consensus estimate of $1.59 by 46.54 percent. This is a 124.04 percent increase over earnings of $1.04 per share from the same period last year. The company reported quarterly sales of $486.36 million which missed the analyst consensus estimate of $549.52 million by 11.49 percent. This is a 95.16 percent increase over sales of $249.22 million the same period last year.