Callon Petroleum (NYSE:CPE) reported its Q1 earnings results on Wednesday, May 4, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Callon Petroleum beat estimated earnings by 3.0%, reporting an EPS of $3.43 versus an estimate of $3.33.
Revenue was up $273.02 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.09 which was followed by a 1.47% drop in the share price the next day.
Here's a look at Callon Petroleum's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 2.75 | 2.52 | 1.58 | 0.87 |
| EPS Actual | 2.66 | 2.93 | 1.49 | 1.49 |
| Revenue Estimate | 543.58M | 425.67M | 336.47M | 264.43M |
| Revenue Actual | 482.96M | 392.95M | 294.02M | 258.34M |
To track all earnings releases for Callon Petroleum visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
