Evolution Petroleum: Q2 Earnings Insights

Evolution Petroleum EPM reported its Q2 earnings results on Tuesday, February 6, 2024 at 04:10 PM.

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

Evolution Petroleum missed estimated earnings by 66.67%, reporting an EPS of $0.03 versus an estimate of $0.09.

Revenue was down $12.65 million from the same period last year.

Last quarter the company missed on EPS by $0.03 which was followed by a 5.65% drop in the share price the next day.

Here's a look at Evolution Petroleum's past performance:

Quarter	Q1 2024	Q4 2023	Q3 2023	Q2 2023
EPS Estimate	0.07	0.06	0.16	0.25
EPS Actual	0.04	0	0.42	0.28
Revenue Estimate	21.58M	21.64M	28.68M	33.03M
Revenue Actual	20.60M	18.17M	36.87M	33.68M

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.

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