Callon Petroleum (CPE) Misses Q4 Earnings Estimates

Callon Petroleum (CPE) came out with quarterly earnings of $1.62 per share, missing the Zacks Consensus Estimate of $1.74 per share. This compares to earnings of $3.36 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6.90%. A quarter ago, it was expected that this independent oil and gas company would post earnings of $1.79 per share when it actually produced earnings of $1.82, delivering a surprise of 1.68%.Over the last four ...