Viper Energy Q2 Adj. EPS $0.28 Misses $0.34 Estimate, Sales $297.00M Beat $285.96M Estimate

Viper Energy (NASDAQ: VNOM) reported quarterly earnings of $0.28 per share which missed the analyst consensus estimate of $0.34 by 18.13 percent. This is a 54.1 percent decrease over earnings of $0.61 per share from the same period last year. The company reported quarterly sales of $297.00 million which beat the analyst consensus estimate of $285.96 million by 3.86 percent. This is a 37.05 percent increase over sales of $216.71 million the same period last year.