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Wednesday, May 2, 2018

-=Laredo Petroleum (LPI) reported earnings on Wed 2 May 2018 (a/h)



Laredo Petroleum misses by $0.02, beats on revs 
  • Reports Q1 (Mar) earnings of $0.24 per share, $0.02 worse than the Capital IQ Consensus of $0.26; revenues rose 37.4% year/year to $259.7 mln vs the $211.73 mln Capital IQ Consensus.
  • Co is increasing its anticipated full-year 2018 total production growth guidance to greater than 12% and reiterating previously issued oil production growth guidance of greater than 10% as compared to 2017.

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