Tidewater Midstream Q2 EPS $0.56 Misses $1.19 Estimate, Sales $552.100M Up From $340.600M YoY
Tidewater Midstream (TSX:TWM) reported quarterly earnings of $0.56 per share which missed the analyst consensus estimate of $1.19 by 52.94 percent. This is a 170 percent increase over losses of $(0.80) per share from
Tidewater Midstream made more money from selling things (sales jumped a lot), but didn't earn as much profit per share as experts thought it would. When a company sells more but earns less per share than expected, it hints something cost more or worked less efficiently than people guessed.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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