Evolution Petroleum Q1 Adj EPS $0.04 Misses $0.07 Estimate, Sales $20.60M Miss $21.58M Estimate
Portfolio Pulse from mahesh@benzinga.com
Evolution Petroleum (AMEX:EPM) reported Q1 earnings of $0.04 per share, missing the analyst consensus estimate of $0.07 by 42.86%. This is a 87.5% decrease from the same period last year. The company also reported quarterly sales of $20.60 million, missing the analyst consensus estimate of $21.58 million by 4.54%. This is a 48.23% decrease from the same period last year.
November 07, 2023 | 10:17 pm
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Evolution Petroleum's Q1 earnings and sales missed estimates, marking a significant decrease from the same period last year.
Evolution Petroleum's earnings and sales for Q1 significantly missed analyst estimates and decreased from the same period last year. This negative financial performance is likely to negatively impact the company's stock price in the short term.
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