International Petroleum Q2 EPS $0.09 Misses $0.18 Estimate, Sales $185.738M Miss $212.800M Estimate
International Petroleum (TSX:IPCO) reported quarterly earnings of $0.09 per share which missed the analyst consensus estimate of $0.18 by 50 percent. This is a 25 percent decrease over earnings of $0.12 per share from
International Petroleum made way less profit than experts thought it would—both in earnings and sales. When a company misses its targets like this, it means the business didn't do as well as people hoped, so it's worth watching to see if things improve next quarter.
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.