Matador Resources Q2 EPS $2.05 Beats $1.76 Estimate, Sales $847.14M Beat $826.41M Estimate
Portfolio Pulse from Benzinga Newsdesk
Matador Resources (NYSE:MTDR) reported Q2 earnings per share (EPS) of $2.05, beating the analyst estimate of $1.76 by 16.48%. The company also reported sales of $847.14 million, surpassing the estimate of $826.41 million. Both EPS and sales showed significant year-over-year growth.
July 23, 2024 | 8:15 pm
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Matador Resources reported strong Q2 results with EPS of $2.05 beating estimates by 16.48% and sales of $847.14 million surpassing expectations. Both metrics showed significant year-over-year growth.
The strong earnings and sales performance, both beating analyst estimates and showing significant year-over-year growth, are likely to positively impact Matador Resources' stock price in the short term.
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