Recap: Evolution Petroleum Q3 Earnings

Evolution Petroleum EPM reported its Q3 earnings results on Tuesday, May 9, 2023 at 04:10 PM.

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

Earnings

Evolution Petroleum beat estimated earnings by 162.5%, reporting an EPS of $0.42 versus an estimate of $0.16.

Revenue was up $11.18 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 1.96% increase in the share price the next day.

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

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate 0.25 0.38 0.41 0.23
EPS Actual 0.28 0.32 0.44 0.17
Revenue Estimate 33.03M 37.12M 38.14M 25.10M
Revenue Actual 33.68M 39.80M 42.02M 25.69M

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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