Tourmaline Oil Q2 EPS $0.47 Misses $0.98 Estimate, Sales $1.493B Miss $1.526B Estimate
Tourmaline Oil (TSX:TOU) reported quarterly earnings of $0.47 per share which missed the analyst consensus estimate of $0.98 by 52.04 percent. This is a 65.19 percent decrease over earnings of $1.35 per share from the
Tourmaline Oil made way less money than expected this quarter—earnings were about half of what experts predicted, and sales also came in lower. When a company misses these targets, it's a signal to watch whether their business is slowing down or facing tougher conditions.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.