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Concho Resources Inc. Q3 adjusted earnings Beat Estimates

October 27, 2020 — 05:05 pm EDT

Written by RTTNews.com for RTTNews ->

(RTTNews) - Below are the earnings highlights for Concho Resources Inc. (CXO):

-Earnings: -$61 million in Q3 vs. $558 million in the same period last year. -EPS: -$0.31 in Q3 vs. $2.78 in the same period last year. -Excluding items, Concho Resources Inc. reported adjusted earnings of $282 million or $1.43 per share for the period. -Analysts projected $1.12 per share -Revenue: $0.83 billion in Q3 vs. $1.12 billion in the same period last year.

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