Semgroup Q2 EPS $(0.45) Misses $(0.13) Estimate, Sales $674.94M Beat $589.27M Estimate

Semgroup (NYSE:SEMG) reported quarterly losses of $(0.45) per share which missed the analyst consensus estimate of $(0.13) by 246.15 percent. This is a 309.09 percent decrease over losses of $(0.11) per share from the same period last year. The company reported quarterly sales of $674.94 million which beat the analyst consensus estimate of $589.27 million by 14.54 percent. This is a 13.28 percent increase over sales of $595.794 million the same period last year.