Recap: Laredo Petroleum Q2 Earnings

Laredo Petroleum LPI reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:30 PM.

Here's what investors need to know about the announcement.

Laredo Petroleum beat estimated earnings by 0.67%, reporting an EPS of $7.5 versus an estimate of $7.45.

Revenue was up $265.79 million from the same period last year.

Last quarter the company missed on EPS by $0.94 which was followed by a 11.99% drop in the share price the next day.

Here's a look at Laredo Petroleum's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	6.11	3.55	2.55	2.94
EPS Actual	5.17	3.39	1.84	1.71
Revenue Estimate	374.11M	359.62M	290.77M	223.88M
Revenue Actual	532.39M	470.22M	379.25M	294.37M

To track all earnings releases for Laredo Petroleum visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.