Investors are Digesting These Energy Stock Earnings Insights
SandRidge Energy, Inc. (NYSE:SD) had a loss and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share decreased to $0.00 in the quarter versus EPS of $0.04 in the year-earlier quarter. Revenue Rose 34.08% to $511.7 million from the year-earlier quarter.
SandRidge Energy, Inc. reported adjusted EPS of $0 per share. By that measure, the company beat the mean analyst estimate of $-0.06. It beat the average revenue estimate of $478.99 million.