Evolution Petroleum (AMEX:EPM) reported its Q3 earnings results on Tuesday, May 9, 2023 at 04:10 PM.
Here’s what investors need to know about the announcement.
Earnings
Evolution Petroleum beat estimated earnings by 162.5%, reporting an EPS of $0.42 versus an estimate of $0.16.
Revenue was up $11.18 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 1.96% increase in the share price the next day.
Here’s a look at Evolution Petroleum’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.25 | 0.38 | 0.41 | 0.23 |
| EPS Actual | 0.28 | 0.32 | 0.44 | 0.17 |
| Revenue Estimate | 33.03M | 37.12M | 38.14M | 25.10M |
| Revenue Actual | 33.68M | 39.80M | 42.02M | 25.69M |
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.