Callon Petroleum: Q1 Earnings Insights

Callon Petroleum 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.

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.

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.