Reported Earlier, Epsilon Energy FY23 EPS $0.31 Down From $1.51 YoY, Revenue $30.73M Down From $69.96M YoY
Portfolio Pulse from Benzinga Newsdesk
Epsilon Energy reported a significant decrease in its FY23 earnings per share (EPS) to $0.31 from $1.51 year-over-year (YoY), with revenue also dropping to $30.73M from $69.96M YoY.
March 21, 2024 | 7:08 am
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NEGATIVE IMPACT
Epsilon Energy's FY23 report shows a significant decrease in both EPS and revenue, indicating a challenging year.
The substantial decrease in both EPS and revenue for Epsilon Energy in FY23 compared to the previous year suggests a challenging financial performance. This is likely to negatively impact investor sentiment and could lead to a decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100