Texas Pacific Land (NYSE:TPL) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
Texas Pacific Land missed estimated earnings by 14.85%, reporting an EPS of $11.24 versus an estimate of $13.2.
Revenue was down $973 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $2.2 which was followed by a 1.1% drop in the share price the next day.
Here’s a look at Texas Pacific Land’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 15.14 | 14.38 | 15.83 | 14.57 |
| EPS Actual | 12.94 | 16.82 | 15.37 | 12.64 |
| Revenue Estimate | 171.71M | 175.67M | 177.96M | 159.88M |
| Revenue Actual | 152.71M | 191.11M | 176.27M | 147.34M |
To track all earnings releases for Texas Pacific Land visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
