Matador Resources (MTDR) Q1 Earnings and Revenues Surpass Estimates

Matador Resources (MTDR) came out with quarterly earnings of $1.71 per share, beating the Zacks Consensus Estimate of $1.48 per share. This compares to earnings of $1.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 15.54%. A quarter ago, it was expected that this independent oil and gas company would post earnings of $1.75 per share when it actually produced earnings of $1.99, delivering a surprise of 13.71%.Over the last f ...