Benzinga | Nov 4, 2020 04:56PM EST

Laredo Petroleum Q3 EPS $4.02 Beats $2.96 Estimate, Sales $173.55M Miss $180.36M Estimate

Laredo Petroleum (NYSE:LPI) reported quarterly earnings of $4.02 per share which beat the analyst consensus estimate of $2.96 by 35.81 percent. This is a 1814.29 percent increase over earnings of $0.21 per share from the same period last year. The company reported quarterly sales of $173.55 million which missed the analyst consensus estimate of $180.36 million by 3.78 percent. This is a 10.34 percent decrease over sales of $193.57 million the same period last year.