Granite Ridge Resources Q2 Adj. EPS $0.11 Misses $0.12 Estimate, Sales $109.219M Beat $109.008M Estimate

Granite Ridge Resources (NYSE:GRNT) reported quarterly earnings of $0.11 per share which missed the analyst consensus estimate of $0.12 by 9.84 percent. This is a 15.38 percent decrease over earnings of $0.13 per share from the same period last year. The company reported quarterly sales of $109.219 million which beat the analyst consensus estimate of $109.008 million by 0.19 percent. This is a 20.48 percent increase over sales of $90.652 million the same period last year.