Recap: Texas Pacific Land Q1 Earnings

Texas Pacific Land TPL reported its Q1 earnings results on Wednesday, May 4, 2022 at 04:15 PM.

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

Texas Pacific Land missed estimated earnings by 13.25%, reporting an EPS of $12.64 versus an estimate of $14.57.

Revenue was up $63.18 million from the same period last year.

Last quarter the company missed on EPS by $0.93 which was followed by a 8.52% increase in the share price the next day.

Here's a look at Texas Pacific Land's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	11.14	9.13	7.33	5.77
EPS Actual	10.21	10.82	7.36	6.45
Revenue Estimate	129.23M	109.92M	93.22M	75.22M
Revenue Actual	147.18M	123.69M	95.93M	84.16M

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.