Evolution Petroleum Q4 Adj EPS $0.00 Misses $0.06 Estimate, Sales $18.17M Miss $21.64M Estimate
Portfolio Pulse from Benzinga Newsdesk
Evolution Petroleum (AMEX:EPM) reported Q4 adjusted earnings of $0.00 per share, missing the analyst consensus estimate of $0.06 by 98.33%. This is a 99.77% decrease from the same period last year. The company also reported quarterly sales of $18.17 million, missing the analyst consensus estimate of $21.64 million by 16.02%, a 56.75% decrease from the same period last year.
September 12, 2023 | 8:17 pm
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Evolution Petroleum's Q4 earnings and sales significantly missed estimates and decreased from the same period last year.
Evolution Petroleum's Q4 earnings and sales missed analyst estimates by a significant margin, and also showed a substantial decrease from the same period last year. This could negatively impact investor sentiment and put downward pressure on the stock price in the short term.
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