Gran Tierra Energy Q2 EPS $0.70 Misses $0.85 Estimate, Sales $187.181M Beat $150.000M Estimate
Gran Tierra Energy (AMEX:GTE) reported quarterly earnings of $0.70 per share which missed the analyst consensus estimate of $0.85 by 17.65 percent. This is a 294.44 percent increase over losses of $(0.36) per share from
Gran Tierra Energy made more money than people expected from selling oil and gas, but earned less profit per share than analysts thought. When a company sells a lot but doesn't keep as much profit, it hints that costs went up or something else ate into their earnings.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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