Epsilon Energy Q1 EPS $0.07 Down From $0.15 YoY, Sales $7.99M Down From $9.36M YoY
Portfolio Pulse from Benzinga Newsdesk
Epsilon Energy (NASDAQ:EPSN) reported a decrease in Q1 earnings to $0.07 per share from $0.15 YoY, with sales falling to $7.99M from $9.36M YoY, indicating a 53.33% decrease in earnings and a 14.60% decrease in sales.
May 08, 2024 | 10:28 pm
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NEGATIVE IMPACT
Epsilon Energy reported a significant decrease in both earnings per share and sales in Q1 compared to last year.
The reported decrease in earnings per share and sales for Epsilon Energy is substantial, indicating a negative performance compared to the previous year. This is likely to negatively impact investor sentiment and could lead to a decrease in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100