HighPeak Energy (NASDAQ:HPK) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:03 PM.
Here’s what investors need to know about the announcement.
Earnings
HighPeak Energy missed estimated earnings by 40.0%, reporting an EPS of $0.39 versus an estimate of $0.65.
Revenue was up $131.56 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.34 which was followed by a 4.14% drop in the share price the next day.
Here’s a look at HighPeak Energy’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.87 | 0.89 | 0.75 | |
| EPS Actual | 0.53 | 0.85 | 0.64 | -0.17 |
| Revenue Estimate | 253.49M | 253.50M | 186.84M | 112.70M |
| Revenue Actual | 257.92M | 204.11M | 201.43M | 92.23M |
To track all earnings releases for HighPeak Energy visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
