Laredo Petroleum (NYSE:LPI) reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:30 PM.
Here’s what investors need to know about the announcement.
Earnings
Laredo Petroleum beat estimated earnings by 0.67%, reporting an EPS of $7.5 versus an estimate of $7.45.
Revenue was up $265.79 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.94 which was followed by a 11.99% drop in the share price the next day.
Here’s a look at Laredo Petroleum’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 6.11 | 3.55 | 2.55 | 2.94 |
| EPS Actual | 5.17 | 3.39 | 1.84 | 1.71 |
| Revenue Estimate | 374.11M | 359.62M | 290.77M | 223.88M |
| Revenue Actual | 532.39M | 470.22M | 379.25M | 294.37M |
To track all earnings releases for Laredo Petroleum visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
