Investors are Digesting These Financial Stock Earnings Insights
Mid-Con Energy Partners, LP (NASDAQ:MCEP) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 111.76% to $0.36 in the quarter versus EPS of $0.17 in the year-earlier quarter. Revenue Rose 262.96% to $16.95 million from the year-earlier quarter.
reported adjusted EPS income of $0.36 per share. By that measure, the company missed the mean analyst estimate of $0.47. It missed the average revenue estimate of $17.63 million.