Recap: PHX Minerals Q2 Earnings

PHX Minerals (NYSE:PHX) reported its Q2 earnings results on Tuesday, May 9, 2023 at 04:30 PM. Here’s what…

PHX Minerals (NYSE:PHX) reported its Q2 earnings results on Tuesday, May 9, 2023 at 04:30 PM.

Here’s what investors need to know about the announcement.

Earnings

PHX Minerals beat estimated earnings by 575.0%, reporting an EPS of $0.27 versus an estimate of $0.04.

Revenue was up $14.01 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.06 which was followed by a 9.34% drop in the share price the next day.

Here’s a look at PHX Minerals’s past performance:

Quarter Q1 2023 Q4 2022 Q3 2022 Q2 2022
EPS Estimate 0.15 0.18 0.15
EPS Actual 0.09 0.26 0.25 -0.12
Revenue Estimate 15.57M 18.43M 16.75M 10.90M
Revenue Actual 18.27M 17.55M 17.38M 1.96M

To track all earnings releases for PHX Minerals visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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