Amplify Energy Q2 EPS $0.24 Misses $0.28 Estimate, Sales $71.97M Miss $78.21M Estimate
Portfolio Pulse from totan@benzinga.com
Amplify Energy reported Q2 earnings of $0.24 per share, missing the analyst consensus estimate of $0.28 by 14.29%. The company's quarterly sales were $71.97 million, missing the estimate of $78.21 million by 7.98%. This represents a 67.12% decrease in earnings and a 40.90% decrease in sales compared to the same period last year.
August 08, 2023 | 8:16 pm
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Amplify Energy's Q2 earnings and sales fell short of estimates, marking a significant decrease from last year.
Amplify Energy's earnings and sales for Q2 missed analyst estimates, which is likely to negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
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