CBL & Associates Q2 EPS $0.08 Misses $0.16 Estimate, Sales $140.905M Beat $134.000M Estimate

CBL & Associates (NYSE: CBL) reported quarterly earnings of $0.08 per share which missed the analyst consensus estimate of $0.16 by 50 percent. This is a 42.86 percent decrease over earnings of $0.14 per share from the same period last year. The company reported quarterly sales of $140.905 million which beat the analyst consensus estimate of $134.000 million by 5.15 percent. This is a 8.67 percent increase over sales of $129.665 million the same period last year.