Earthstone Energy: Q2 Earnings Insights

Earthstone Energy ESTE reported its Q2 earnings results on Thursday, August 4, 2022 at 04:00 PM.

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

Earthstone Energy beat estimated earnings by 3.2%, reporting an EPS of $1.29 versus an estimate of $1.25.

Revenue was up $382.88 million from the same period last year.

Last quarter the company beat on EPS by $0.22 which was followed by a 7.3% drop in the share price the next day.

Here's a look at Earthstone Energy's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.56	0.35	0.22	0.16
EPS Actual	0.78	0.46	0.35	0.26
Revenue Estimate	167.57M	116.63M	91.60M	72.22M
Revenue Actual	196.15M	144.02M	110.38M	89.67M

To track all earnings releases for Earthstone Energy visit their earnings calendar here.

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