Baytex Energy Q1 EPS $0.06 Misses $0.12 Estimate, Sales $696.01M Miss $927.10M Estimate

Baytex Energy (NYSE:BTE) reported quarterly earnings of $0.06 per share which missed the analyst consensus estimate of $0.12 by 50 percent. This is a 700 percent increase over losses of $(0.01) per share from the same period last year. The company reported quarterly sales of $696.01 million which missed the analyst consensus estimate of $927.10 million by 24.93 percent. This is a 21.04 percent increase over sales of $575.01 million the same period last year.