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Evolution Petroleum: Q2 Earnings Insights

Author: Benzinga Insights | February 06, 2024 04:40pm

Evolution Petroleum (AMEX:EPM) reported its Q2 earnings results on Tuesday, February 6, 2024 at 04:10 PM.

Here's what investors need to know about the announcement.

Earnings

Evolution Petroleum missed estimated earnings by 66.67%, reporting an EPS of $0.03 versus an estimate of $0.09.

Revenue was down $12.65 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 5.65% drop in the share price the next day.

Here's a look at Evolution Petroleum's past performance:

Quarter Q1 2024 Q4 2023 Q3 2023 Q2 2023
EPS Estimate 0.07 0.06 0.16 0.25
EPS Actual 0.04 0 0.42 0.28
Revenue Estimate 21.58M 21.64M 28.68M 33.03M
Revenue Actual 20.60M 18.17M 36.87M 33.68M

To track all earnings releases for Evolution Petroleum visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: EPM

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