Laredo Petroleum (NYSE:LPI) reported its Q4 earnings results on Tuesday, February 22, 2022 at 04:30 PM.
Here's what investors need to know about the announcement.
Earnings
Laredo Petroleum missed estimated earnings by 4.51%, reporting an EPS of $3.39 versus an estimate of $3.55.
Revenue was up $282.16 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.71 which was followed by a 2.54% drop in the share price the next day.
Here's a look at Laredo Petroleum's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 2.55 | 2.94 | 1.75 | 3.19 |
| EPS Actual | 1.84 | 1.71 | 1.69 | 3.22 |
| Revenue Estimate | 290.77M | 223.88M | 198.34M | 187.76M |
| Revenue Actual | 379.25M | 294.37M | 250.23M | 188.06M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
