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Matador Resources (MTDR) Tops Q2 Earnings Estimates

Matador Resources (MTDR) came out with quarterly earnings of 1.53pershare,beatingtheZacksConsensusEstimateof1.53 per share, beating the Zacks Consensus Estimate of 1.29 per share. This compares to earnings of 2.05pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+18.612.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +18.61%. A quarter ago, it was expected that this independent oil and gas company would post earnings of 1.74 per share when it actually produced earnings of $1.99, delivering a surprise of +14.37%.Over the last ...